TY - JOUR TI - The Vindication of Don Quixote: The Impact of Noise and Visual Pollution from Wind Turbines AU - Jensen, C AU - Panduro, T AU - Lundhede, T T2 - Land Economics AB - In this article we quantify the marginal external effects of nearby land-based wind turbines on property prices. We succeed in separating the effect of noise and visual pollution from wind turbines. This is achieved by using a dataset consisting of 12,640 traded residential properties located within 2,500 meters of a turbine sold in the period 2000–2011. Our results show that wind turbines have a significant negative impact on the price schedule of neighboring residential properties. Visual pollution reduces the residential sales price by up to about 3%, while noise pollution reduces the price between 3% and 7%. DA - 2014/11// PY - 2014 VL - 90 IS - 4 SP - 668 EP - 682 UR - http://le.uwpress.org/content/90/4/668 DO - 10.3368/le.90.4.668 LA - English KW - Wind Energy KW - Noise KW - Visual Impacts KW - Social & Economic Data KW - Human Dimensions ER -