| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11790 |
| 来源ID | Working Paper 11790 |
| Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program | |
| Michael Greenstone; Justin Gallagher | |
| 发表日期 | 2005-11-21 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | Approximately $30 billion (2000$) has been spent on Superfund clean-ups of hazardous waste sites, and remediation efforts are incomplete at roughly half of the 1,500 Superfund sites. This study estimates the effect of Superfund clean-ups on local housing price appreciation. We compare housing price growth in the areas surrounding the first 400 hazardous waste sites to be cleaned up through the Superfund program to the areas surrounding the 290 sites that narrowly missed qualifying for these clean-ups. We cannot reject that the clean-ups had no effect on local housing price growth, nearly two decades after these sites became eligible for them. This finding is robust to a series of specification checks, including the application of a quasi-experimental regression discontinuity design based on knowledge of the selection rule. Overall, the preferred estimates suggest that the benefits of Superfund clean-ups as measured through the housing market are substantially lower than the $43 million mean cost of Superfund clean-ups. |
| 主题 | Public Economics ; Public Goods ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Health, Education, and Welfare ; Health |
| URL | https://www.nber.org/papers/w11790 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569441 |
| 推荐引用方式 GB/T 7714 | Michael Greenstone,Justin Gallagher. Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11790.pdf（1015KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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