IDEAS home Printed from
   My bibliography  Save this article

The Impact of Industrial Sites on Residential Property Values: A Hedonic Pricing Analysis from the Netherlands


  • Friso de Vor
  • Henri de Groot


De Vor F. and De Groot H. L. F. The impact of industrial sites on residential property values: a hedonic pricing analysis from the Netherlands, Regional Studies. Industrial sites cause several negative externalities. In order to quantify these negative effects, the impact of distance to industrial sites on residential property values is estimated. Data on houses sold in the Randstad region and in the Province of North-Brabant (both located in the Netherlands) in the year 2005 are used, together with data on the characteristics of industrial sites in the same regions and period. The distance to an industrial site exhibits a statistically significant negative effect on the value of residential properties. However, the effect is largely localized within a relatively short distance from the nearest industrial site. [image omitted] De Vor F. et De Groot H. L. F. L'impact des sites industriels sur la valeur des logements: une analyse neerlandaise de la determination hedonique des prix, Regional Studies. Les sites industriels ont plusieurs effets externes negatifs. Pour quantifier ces effets negatifs, on estime l'impact de la distance aux sites industriels sur la valeur des logements. On emploie des donnees sur les logements vendus dans la region Randstad et dans la province de Brabant du Nord (les deux etant situees en Hollande) pour l'annee 2005, conjointement avec des donnees sur les caracteristiques des sites industriels situes dans les memes regions a la meme epoque. Il s'avere que la distance a un site industriel a un effet negatif statistiquement important sur la valeur des logements. Toujours est-il que l'effet est dans une large restreint a une distance relativement courte du site industriel le plus proche. Sites industriels Effets externes negatifs Determination hedonique des prix De Vor F. und De Groot H. L. F. Auswirkung von Industriestandorten auf den Wert von Wohnimmobilien: eine hedonische Preisanalyse in den Niederlanden, Regional Studies. Industriestandorte verursachen mehrere negative Externalitaten. Zur Quantifizierung dieser negativen Effekte wird die Auswirkung der Entfernung von Industriestandorten auf den Wert von Wohnimmobilien geschatzt. Hierfur kommen die Daten von Hausern zum Einsatz, die im Jahr 2005 in der Randstad-Region sowie in der Provinz Nordbrabant (beide in den Niederlanden) verkauft wurden, sowie die Daten uber die Merkmale von Industriestandorten in denselben Regionen und im selben Zeitraum. Die Entfernung von einem Industriestandort wirkt sich auf statistisch signifikante Weise negativ auf den Wert von Wohnimmobilien aus. Allerdings ist diese Auswirkung grosstenteils auf eine relativ kurze Entfernung bis zum nachsten Industriestandort begrenzt. Industriestandorte Negative Externalitaten Hedonische Preiskalkulation De Vor F. y De Groot H. L. F. El efecto de los poligonos industriales en los valores de bienes inmuebles residenciales: analisis de precios hedonicos en los Paises Bajos, Regional Studies. Los poligonos industriales causan varios efectos externos negativos. A fin de cuantificar estos efectos negativos, calculamos el impacto de la distancia a los poligonos industriales en los valores de bienes inmuebles residenciales. Utilizamos datos de viviendas vendidas en la region de Randstad y la provincia de Brabante Septentrional (ambas en los Paises Bajos) en el ano 2005, junto con datos sobre las caracteristicas de los poligonos industriales en los mismos periodos y regiones. La distancia a un poligono industrial muestra un efecto negativo estadisticamente significativo sobre el valor de los bienes inmuebles residenciales. Sin embargo, el efecto esta en gran medida localizado dentro de una distancia relativamente corta desde el poligono industrial mas cercano. Poligonos industriales Efectos externos negativos Precios hedonicos

Suggested Citation

  • Friso de Vor & Henri de Groot, 2011. "The Impact of Industrial Sites on Residential Property Values: A Hedonic Pricing Analysis from the Netherlands," Regional Studies, Taylor & Francis Journals, vol. 45(5), pages 609-623.
  • Handle: RePEc:taf:regstd:v:45:y:2011:i:5:p:609-623
    DOI: 10.1080/00343401003601925

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Niels Vermeer & Wouter Vermeulen, 2011. "External Benefits of Brownfield Redevelopment: An Applied Urban General Equilibrium Analysis," CPB Discussion Paper 178, CPB Netherlands Bureau for Economic Policy Analysis.
    2. Or Levkovich & Jan Rouwendal, 2016. "Spatial Planning and Segmentation of the Land Market," Tinbergen Institute Discussion Papers 16-018/VIII, Tinbergen Institute.
    3. van Duijn, Mark & Rouwendal, Jan & Boersema, Richard, 2016. "Redevelopment of industrial heritage: Insights into external effects on house prices," Regional Science and Urban Economics, Elsevier, vol. 57(C), pages 91-107.
    4. Ruslan Zaynutdinov, 2015. "Single-Industry Regions of Russia: Determination, Typology and Prospects of Development," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 106-122.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:45:y:2011:i:5:p:609-623. 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: (Chris Longhurst). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.