Table 3

Estimated Coefficients for the Interaction Terms (Time period × Distance band) and Resulting Turbine Impacts on Property Values

VariableCoef.Std. Err.Impact (%)
PA × 0–1 km–0.060**0.021
PA × 1–2 km–0.0080.013
PA × 2–3 km  0.0240.014
PA × 3–4 km  0.0260.015
PA × 4–5 km  0.026*0.012
AN × 0–1 km–0.132**0.019–7.25**
AN × 1–2 km–0.047**0.015–4.14*
AN × 2–3 km–0.055**0.015–7.91**
AN × 3–4 km–0.047**0.016–7.36**
AN × 4–5 km  0.0100.015–1.85
AN × 5–20 km  0.0030.006
PC × 0–1 km–0.130**0.016–5.33*
PC × 1–2 km–0.101**0.015–7.49**
PC × 2–3 km–0.063**0.015–6.90**
PC × 3–4 km–0.076**0.014–8.35**
PC × 4–5 km  0.026*0.012  1.49
PC × 5–20 km–0.015*0.008
Number of observations22,159
Adjusted R-squared0.780
  • *, ** Statistical significance at the 5% and 1% levels, respectively.