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Risques industriels et zone naturelle estuarienne : une analyse hédoniste spatiale

Author

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  • Muriel Travers
  • Emmanuel Bonnet
  • Morgane Chevé
  • Gildas Appéré

Abstract

Using the spatial hedonic price method, we analyze the impact of the proximity of petrochemical parks on housing pricesin the estuary area of Port-Jérôme (Seine-Maritime, France) over the period 2001-2002. The simultaneous presence oftwo natural assets (the Seine river and the Vernier marshland) makes this analysis more complex. Our results show that thepresence of Seveso-classified industries near dwellings strongly depreciates selling prices, yet this effect was notaccentuated by the September 2001 explosion of the AZF factory in Toulouse. We also show that the proximity of naturalassets, far from offsetting the negative presence of the petrochemical parks, steepens the price decline.

Suggested Citation

  • Muriel Travers & Emmanuel Bonnet & Morgane Chevé & Gildas Appéré, 2009. "Risques industriels et zone naturelle estuarienne : une analyse hédoniste spatiale," Economie & Prévision, La Documentation Française, vol. 0(4), pages 135-158.
    • Handle: RePEc:cai:ecoldc:ecop_190_0135
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    Citations

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    Cited by:

    1. Grislain-Letrémy, Céline & Katossky, Arthur, 2014. "The impact of hazardous industrial facilities on housing prices: A comparison of parametric and semiparametric hedonic price models," Regional Science and Urban Economics, Elsevier, vol. 49(C), pages 93-107.
    2. Amélie Mauroux, 2015. "L’information préventive améliore-t-elle la perception des risques? Impact de l’Information Acquéreur Locataire sur le prix des logements," Policy Papers 2015.05, FAERE - French Association of Environmental and Resource Economists.
    3. Céline Grislain-Letrémy & Arthur Katossky, 2013. "Les risques industriels et le prix des logements," Économie et Statistique, Programme National Persée, vol. 460(1), pages 79-106.
    4. Grislain-Letrémy, Céline, 2012. "Assurance et prévention des catastrophes naturelles et technologiques," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/9073 edited by Villeneuve, Bertrand.

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