Environmental Health Risks and Housing Values
Evidence from 1,600 Toxic Plant Openings and Closings
Bibliographic Data
| ID | 23322975 |
|---|---|
| Authors | Janet Currie (0000-0003-0424-2966, Princeton University), Janet M Currie (0000-0002-9220-9113, Princeton University), Lucas W Davis (0000-0002-6801-9387, University of California, Berkeley), Lucas Davis (Haas School of Business, University of California, Berkeley, Berkeley, CA 94720 (e-mail: )), Madison Greenstone (0000-0002-2364-2810, University of Chicago), Michael Greenstone (University of Chicago), Reed Walker (Haas School of Business, University of California, Berkeley, Berkeley, CA 94720 (e-mail: ).) |
| Year | 2015 |
| Volume | 105 |
| Issue | 2 |
| Pages | 678-709 |
| Publication date | 2015-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | American Economic Review (JOURNAL) |
| Journal identifiers | ISSN: 0002-8282 • E-ISSN: 1944-7981 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/aer.20121656 |
| PMID | 27134284 |
| OpenAlex | W1986761244 |
| Language | EN |
| Citations received | 80 |
| References cited | 44 |
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)
Agricultural economics · Air pollution · Air quality index · Biology · Business · Economics · Geography · Meteorology · Mile · Natural resource economics · Ecology · Economic and Environmental Valuation · Environmental Justice and Health Disparities · Environmental Science · Housing Market and Economics
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| Citation span | 2013 - 2026 (14) |
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