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Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings.


ABSTRACT: 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.

SUBMITTER: Currie J 

PROVIDER: S-EPMC4847734 | biostudies-literature | 2015 Feb

REPOSITORIES: biostudies-literature

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Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings.

Currie Janet J   Davis Lucas L   Greenstone Michael M   Walker Reed R  

The American economic review 20150201 2


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 pl  ...[more]

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