IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Perception des risques industriels dans une zone estuarienne : une analyse hédoniste spatiale

Listed author(s):
  • Muriel Travers
  • Emmanuel Bonnet
  • Morgane Chevé
  • Gildas Appéré

[eng] Using the spatial hedonic price method , we analyze the impact of the proximity of petrochemical parks on housing prices in the estuary area of Port-Jérôme (Seine-Maritime, France) over the period 2001-2002. The simultaneous presence of two natural assets (the Seine river and the Vernier marshland) makes this analysis more complex. Our results show that the presence of Seveso-classified industries near dwellings strongly depreciates selling prices, yet this effect was not accentuated by the September 2001 explosion of the AZF factory in Toulouse. We also show that the proximity of natural assets, far from offsetting the negative presence of the petrochemical parks, steepens the price decline. [fre] L’objet de cet article est d’examiner l’impact de la proximité de zones industrielles sur le prix des habitations situées dans la région estuarienne de Port-Jérôme (Seine-Maritime) pour la période 2001-2002 en utilisant la méthode des prix hédonistes spatiale. La présence simultanée de deux actifs naturels (la Seine et le marais Vernier) rend cette analyse plus complexe. Nos résultats montrent que la présence d’industries classées Seveso à proximité des habitations déprécie fortement le prix de vente de ces dernières, effet non accentué par l’explosion en septembre 2001 de l’usine AZF de Toulouse. Nous montrons également que la proximité des actifs naturels, loin de contrebalancer la présence négative de la zone industrielle, accentue au contraire la dépréciation des prix.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://dx.doi.org/doi:10.3406/ecop.2009.8001
Download Restriction: no

File URL: http://www.persee.fr/doc/ecop_0249-4744_2009_num_190_4_8001
Download Restriction: no

Article provided by Programme National Persée in its journal Économie & prévision.

Volume (Year): 190 (2009)
Issue (Month): 4 ()
Pages: 135-158

as
in new window

Handle: RePEc:prs:ecoprv:ecop_0249-4744_2009_num_190_4_8001
Note: DOI:10.3406/ecop.2009.8001
Contact details of provider: Web page: http://www.persee.fr/collection/ecop

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as
in new window


  1. Christopher S. Decker & Donald A. Nielsen & Roger P. Sindt, 2005. "Residential Property Values and Community Right-to-Know Laws: Has the Toxics Release Inventory Had an Impact?," Growth and Change, Wiley Blackwell, vol. 36(1), pages 113-133.
  2. Brasington, David M. & Hite, Diane, 2005. "Demand for environmental quality: a spatial hedonic analysis," Regional Science and Urban Economics, Elsevier, vol. 35(1), pages 57-82, January.
  3. Can, Ayse, 1992. "Specification and estimation of hedonic housing price models," Regional Science and Urban Economics, Elsevier, vol. 22(3), pages 453-474, September.
  4. Boxall, Peter C. & Chan, Wing H. & McMillan, Melville L., 2005. "The impact of oil and natural gas facilities on rural residential property values: a spatial hedonic analysis," Resource and Energy Economics, Elsevier, vol. 27(3), pages 248-269, October.
  5. Bender, Bruce & Gronberg, Timothy J & Hwang, Hae-Shin, 1980. "Choice of Functional Form and the Demand for Air Quality," The Review of Economics and Statistics, MIT Press, vol. 62(4), pages 638-643, November.
  6. Halvorsen, Robert & Pollakowski, Henry O., 1981. "Choice of functional form for hedonic price equations," Journal of Urban Economics, Elsevier, vol. 10(1), pages 37-49, July.
  7. Okmyung Bin, 2005. "A semiparametric hedonic model for valuing wetlands," Applied Economics Letters, Taylor & Francis Journals, vol. 12(10), pages 597-601.
  8. Kohlhase, Janet E., 1991. "The impact of toxic waste sites on housing values," Journal of Urban Economics, Elsevier, vol. 30(1), pages 1-26, July.
  9. Patrick C. Flower & Wade R. Ragas, 1994. "The Effects of Refineries on Neighborhood Property Values," Journal of Real Estate Research, American Real Estate Society, vol. 9(3), pages 319-338.
  10. David M. Brasington & Diane Hite, 2005. "Demand for Environmental Quality: A Spatial Hedonic Approach," Departmental Working Papers 2005-08, Department of Economics, Louisiana State University.
  11. Cassel, Eric & Mendelsohn, Robert, 1985. "The choice of functional forms for hedonic price equations: Comment," Journal of Urban Economics, Elsevier, vol. 18(2), pages 135-142, September.
  12. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
  13. Brent L. Mahan & BStephen Polasky & Richard M. Adams, 2000. "Valuing Urban Wetlands: A Property Price Approach," Land Economics, University of Wisconsin Press, vol. 76(1), pages 100-113.
  14. Gwenaël Letombe & Bertrand Zuindeau, 2005. "Impact d'un établissement industriel polluant sur les valeurs immobilières de proximité : le cas de Metaleurop-Nord," Post-Print halshs-00200048, HAL.
  15. Peter C. Boxall, Wing H. Chan, and Melville L. McMillan, 2005. "The Impact of Oil and Natural Gas Facilities on Rural Residential Property," Working Papers eg0039, Wilfrid Laurier University, Department of Economics, revised 2005.
  16. Won Kim, Chong & Phipps, Tim T. & Anselin, Luc, 2003. "Measuring the benefits of air quality improvement: a spatial hedonic approach," Journal of Environmental Economics and Management, Elsevier, vol. 45(1), pages 24-39, January.
  17. LeSage, James P., 1997. "Regression Analysis of Spatial Data," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 27(2).
  18. Zvi Griliches, 1961. "Hedonic Price Indexes for Automobiles: An Econometric of Quality Change," NBER Chapters,in: The Price Statistics of the Federal Goverment, pages 173-196 National Bureau of Economic Research, Inc.
  19. Can, Ayse & Megbolugbe, Isaac, 1997. "Spatial Dependence and House Price Index Construction," The Journal of Real Estate Finance and Economics, Springer, vol. 14(1-2), pages 203-222, Jan.-Marc.
  20. Freeman, A Myrick, III, 1979. " Hedonic Prices, Property Values and Measuring Environmental Benefits: A Survey of the Issues," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 154-173.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:prs:ecoprv:ecop_0249-4744_2009_num_190_4_8001. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.