This study examines the effect of land use on the relationship between property values and air quality. A multilevel model is used to test this mediating effect. Data for the analysis is retrieved from the NVM, RIVM and CBS. Furthermore, a number of environmental en locational variables are created using GIS software. Results reveal that green land use indeed affects the relationship between property values and air quality. However, this effect was found to be negatively impacting this relationship. Moreover, sensitivity analysis using different radii showed that the negative impact of green space on the effect of NO2 increases in size as a larger surrounding area of a property is considered. Industrial land use, on the contrary, had no significant effect on the relation between property values and air quality.

J. van Haaren
hdl.handle.net/2105/44348
Business Economics
Erasmus School of Economics

E. Yilmaz. (2018, November 29). Investigation into the effect of air quality on property values mediated by land use. Business Economics. Retrieved from http://hdl.handle.net/2105/44348