Authors
Janet Currie, Lucas W. Davis, Michael Greenstone, Reed Walker
Publication date
2015
Journal
American Economic Review
Volume
105
Issue
2
Pages
678-709
Description
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)
Total citations
Scholar articles
Environmental health risks and housing values: evidence from 1,600 toxic plant openings and closings
J Currie, L Davis, M Greenstone, R Walker - American Economic Review, 2015
J Currie, L Davis, M Greenstone, R Walker - 2013