Unregulated contaminants in drinking water: Evidence from PFAS and housing prices

IF 5.5 3区经济学 Q1 BUSINESS

Journal of Environmental Economics and Management Pub Date : 2024-05-01 DOI:10.1016/j.jeem.2024.102987

Michelle Marcus , Rosie Mueller

引用次数: 0

Abstract

Our understanding of individuals’ response to information about unregulated contaminants is limited. We leverage the highly publicized social discovery of unregulated PFAS (per- and polyfluoroalkyl substances) contamination in public drinking water to study the impact of information about unregulated contaminants on housing prices. Using residential property transaction data, we employ a difference-in-differences research design and show that high profile media coverage about PFAS contamination significantly decreased property values of affected homes. We also find suggestive evidence of residential sorting that may have worsened environmental inequality.

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饮用水中不受管制的污染物：来自全氟辛烷磺酸和房价的证据

我们对个人对非管制污染物信息的反应了解有限。我们利用社会高度关注的公共饮用水中未受管制的 PFAS（全氟烷基和多氟烷基物质）污染事件，研究未受管制的污染物信息对房价的影响。利用住宅物业交易数据，我们采用了差异研究设计，结果表明，媒体对 PFAS 污染的高调报道显著降低了受影响住宅的物业价值。我们还发现了住宅排序的暗示性证据，这可能加剧了环境不平等。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Environmental Economics and Management Multiple-

CiteScore

8.00

自引率

4.30%

发文量

期刊介绍： The Journal of Environmental Economics and Management publishes theoretical and empirical papers devoted to specific natural resources and environmental issues. For consideration, papers should (1) contain a substantial element embodying the linkage between economic systems and environmental and natural resources systems or (2) be of substantial importance in understanding the management and/or social control of the economy in its relations with the natural environment. Although the general orientation of the journal is toward economics, interdisciplinary papers by researchers in other fields of interest to resource and environmental economists will be welcomed.