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Agricultural and Resource Economics Review

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© The Author(s) 2017. This is an Open Access article, distributed under the terms of the Creative Commons Attribution license (, which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited. terms of use, available at

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Special Issue 2

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Abstract/ Summary

Converting coastal waters to farmed production of seafood may generate conflicts with other resource users. This study explores the impact of marine aquaculture development on coastal homeowners. Using single-family home sales from 2012–2014 and spatial data on coastal aquaculture activity, we employ hedonics to assess the impacts of mariculture development in three study areas of Maine, USA. Our results suggest modest impacts on residential property values with significant spatial variation across study areas. This spatial variation represents a challenge for managers and highlights the potential benefits from coordinating the development of aquaculture to balance resource users' objectives with industry growth.

Citation/Publisher Attribution

Evans, K., Chen, X., & Robichaud, C. (2017). A Hedonic Analysis of the Impact of Marine Aquaculture on Coastal Housing Prices in Maine. Agricultural and Resource Economics Review, 46(2), 242-267. doi:10.1017/age.2017.19




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Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.



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