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Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings
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Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings
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Journal Article
Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings
2015
Overview
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.
Publisher
American Economic Association
Subject
/ Air Pollutants - adverse effects
/ Air Pollution - adverse effects
/ Air Pollution - statistics & numerical data
/ Environmental Pollutants - adverse effects
/ Environmental Pollutants - economics
/ Female
/ Hazardous Substances - adverse effects
/ Hazardous Substances - economics
/ Housing
/ Housing - statistics & numerical data
/ Humans
/ Infant
/ Infant Health - statistics & numerical data
/ Infants
/ Manufacturing and Industrial Facilities - statistics & numerical data
/ Prenatal Exposure Delayed Effects
/ Studies
/ Toxicity
/ U.S.A
