Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings
2015 ◽
Vol 105
(2)
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pp. 678-709
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Keyword(s):
Regulatory oversight of toxic emissions from industrial plants and understanding about these emissions' impacts are in their infancy. Applying a research design based on the openings and closings of 1,600 industrial plants to rich data on housing markets and infant health, we find that: toxic air emissions affect air quality only within 1 mile of the plant; plant openings lead to 11 percent declines in housing values within 0.5 mile or a loss of about $4.25 million for these households; and a plant's operation is associated with a roughly 3 percent increase in the probability of low birthweight within 1 mile. (JEL I12, L60, Q52, Q53, Q58, R23, R31)
Do segregated housing markets have a spillover effect on housing prices in nearby residential areas?
2021 ◽
Vol ahead-of-print
(ahead-of-print)
◽
Keyword(s):
Keyword(s):
2017 ◽
Vol 19
(4)
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pp. 409-418
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