eprintid: 10206657 rev_number: 7 eprint_status: archive userid: 699 dir: disk0/10/20/66/57 datestamp: 2025-03-28 13:09:44 lastmod: 2025-03-28 13:09:44 status_changed: 2025-03-28 13:09:44 type: article metadata_visibility: show sword_depositor: 699 creators_name: Graziano, Marcello creators_name: Fiaschetti, Maurizio creators_name: Gross, John W creators_name: Alexander, Karen A creators_name: Longo, Alberto creators_name: O'Higgins, Tim title: A room with a blue view: the impact of Blue Economy activities on housing prices across Scottish regions ispublished: inpress divisions: UCL divisions: B04 divisions: F44 keywords: Blue Economy, Housing, Conservation, Fossil fuels, Tourism, Blue Growth note: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. abstract: This study examines the indirect impacts of sustainable transitions on coastal communities by analysing the relationship between Blue Economy industries visibility and housing prices using four Scottish regions as a case example. The research employs hedonic price modelling and spatial econometrics to assess how the visibility of various Blue Economy activities, such as conservation, fossil fuel extraction, and transportation, influences residential property prices from 2012 to 2019. Utilizing a unique database of property listings and geographic data, the analysis considers three distance bands to determine the extent to which ocean views containing different marine activities affect housing values. The findings reveal that oil and gas sites negatively impact housing prices across all distance bands and property price quartiles, consistent with existing literature on land-based oil and gas extraction. Conservation activities like Marine Protected Areas (MPAs) only affect prices positively at larger distances when spatial autocorrelation is accounted for, indicating a nuanced relationship between environmental conservation and property values. The study also highlights the complex interactions between aquaculture and housing prices, with positive effects noted at closer distances. Moreover, the analysis shows that port facilities positively influence housing prices, suggesting that accessibility to job opportunities and public services provided by ports is a valued amenity in rural, tourist-oriented regions. This study's methodological innovations contribute to a deeper understanding of the spatial effects of Blue Economy activities on housing prices, providing valuable insights for marine spatial planning and regional economic strategies in coastal areas across the world. date: 2025 date_type: published publisher: Elsevier official_url: https://www.sciencedirect.com/journal/journal-of-rural-studies full_text_type: other language: eng verified: verified_manual elements_id: 2374354 lyricists_name: Fiaschetti, Maurizio lyricists_id: MFIAS50 actors_name: Fiaschetti, Maurizio actors_id: MFIAS50 actors_role: owner full_text_status: restricted publication: Journal of Rural Studies issn: 0743-0167 citation: Graziano, Marcello; Fiaschetti, Maurizio; Gross, John W; Alexander, Karen A; Longo, Alberto; O'Higgins, Tim; (2025) A room with a blue view: the impact of Blue Economy activities on housing prices across Scottish regions. Journal of Rural Studies (In press). document_url: https://discovery.ucl.ac.uk/id/eprint/10206657/1/main_paper_jrs_18122024_Clean.pdf