College of Economics and Management, Huazhong Agriculture University, 1st Shizishan Rd., Wuhan, 430070, China.
School of Economics, Nanjing University of Economics and Finance, 3rd Wenyaun Rd., Nanjing, 210023, China.
J Environ Manage. 2022 Oct 1;319:115672. doi: 10.1016/j.jenvman.2022.115672. Epub 2022 Jul 14.
In this article, we investigate the impact of wildfire on property values in wildland-urban intermix (WUIM) and wildland-urban interface (WUIF) in Colorado. We construct fire indices accounting for the nonlinear impact of wildfires, and evaluate the effects of different fire attributes-proximity, frequency, and scale-on property values in a hedonic price framework using housing transactions data and wildfire data in Colorado from 2000 to 2016. We find a substantial difference in the impact of wildfires on property values between WUIM and WUIF. Specifically, larger fires depreciate property values in WUIM, but increase property values in WUIF. In addition, we find that small fires lead to a negative impact on property values in both WUIM and WUIF, which is comparable with larger fires. Our findings provide policymakers novel information in making more efficient wildfire management plans.
本文研究了科罗拉多州城乡交错带（WUIM）和城乡交界带（WUIF）野火对房地产价值的影响。我们构建了火灾指数，以考虑野火的非线性影响，并在房地产价值的享乐价格框架中使用科罗拉多州的住房交易数据和野火数据，评估了不同火灾属性——距离、频率和规模——对房地产价值的影响。我们发现，野火对 WUIM 和 WUIF 房地产价值的影响存在显著差异。具体而言，在 WUIM 中，较大的火灾会降低房地产价值，但在 WUIF 中会增加房地产价值。此外，我们发现小火灾会对 WUIM 和 WUIF 中的房地产价值产生负面影响，这与较大的火灾相当。我们的研究结果为决策者制定更有效的野火管理计划提供了新的信息。
