| dc.description.abstract | The location of “not in my back yard (NIMBY)” facilities has always been an issue for regulatory authorities. It is necessary to reduce the controversy among the people, which is also an indispensable infrastructure in people′s life. This thesis studies the substation of NIMBY facilities, and selects those located at the Six Metropolises of Taiwan as an example.
Due to the International Agency for Research on Cancer (IARC) classified radiofrequency electromagnetic fields as possible human carcinogenic factors, therefore, the nearby housing values will be affected by the substation because it will produce electromagnetic radiation. The purpose of this study is to investigate the negative effect of substation on the housing prices.
By using the substation information provided by Taiwan Power Company and the actual transaction data provided by the Department of Lands of the Ministry of the Interior during the years between 2016 and 2020, our research focuses on the transaction records within 1,000 meters of the substation. We selected 6 extra-high voltage substations and 5 primary substations on this study.
Based on the hedonic price method, our estimation results indicate that the estimated coefficients of the distance variable have the expected positive sign, which means that the farther away from the substation, the higher the transaction price. Furthermore, by using the quantile regression analysis, our results show that the negative effects will be different between the higher and lower values of housing and the effects depend on the location. Our research results provide an useful information to plan the location of substation for the local government and Taiwan Power Company in the future. | en_US |