Maennig, Wolfgang; Brandt, Sebastian - Institut für Außenhandel und Wirtschaftsintegration, … - 2010
We examine the impact of cell phone base stations on prices of condominiums in Hamburg, Germany. This is the first … groups of masts in a single location. We control for spatial dependence and show that the influence of cell phone base … stations on adjacent residential property prices can be overestimated, if other negative externalities that are typically …