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Title: Hedonic valuation of odor nuisance using field measurements, a case study of an animal waste processing facility in Flanders
Authors: Eyckmans, Johan ×
De Jaeger, Simon
Rousseau, Sandra #
Issue Date: 2013
Publisher: University of Wisconsin
Series Title: Land Economics vol:89 issue:1 pages:53-75
Abstract: In this paper we estimate the external cost caused by odor from an animal waste processing facility in Flanders using new odor measures based on field measurements. We compare four ways of incorporating odor nuisance: distance to the source, distance zones, continuous odor measures, and odor zones. The odor zones approach seems best suited to estimate the external costs. We test these specifications for some 1400 observations of house sales transaction between 2004 and 2008. Results show that houses subject to moderate and severe odor nuisance sell at a discount of 5% and 12% respectively compared to houses without nuisance.
ISSN: 0023-7639
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Center for Research on Economic Markets and their Environments - HUB-EHSAL
Research Center of Energy, Transport and Environment @ Leuven
× corresponding author
# (joint) last author

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