| Tekijä: | Hanna, B.G. |
| Otsikko: | House values, incomes, and industrial pollution |
| Lehti: | Journal of Environmental Economics and Management
2007 : VOL. 54:1, p. 100-112 |
| Asiasana: | housing manufacturing industry pollution PAY |
| Kieli: | eng |
| Tiivistelmä: | The paper analyzes the effect of polluting manufacturing facilities on the nearby neighborhoods. The purpose is to test the hypothesis that communities exposed to high level of pollution will have lower house prices and poorer residents than cleaner locations. Pollution and income are treated as simultaneously determined variables in the econometric model. The findings suggest that being a mile closer to a polluting manufacturing plant reduces house values by 1,9%. That is smaller than estimates in existing studies. |
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