{"title":"The Impact of Polluters' Cleanup on Land Values: Evidence From Pollution-Intensive Industries in China","authors":"Xiaofang Dong, Zenghe Huang","doi":"10.1111/jors.12753","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>This study utilizes geocoded land transaction data and information on industrial polluting firms to examine the impact of pollution-intensive firm cleanup on land values in China. Our findings reveal that land parcels with cleanup of at least one heavy polluting enterprise within a 2 km radius experienced a 15.2% increase in land prices compared to those without cleanup. This effect is more pronounced for parcels situated further from the central business district, designated for commercial use, and located in smaller noncapital cities. The emergence of new clean and high-tech firms, along with population growth post-cleanup, are identified as primary drivers behind the upward trend in land values. However, within 500 meters of a cleanup site, there can be adverse effects on adjacent land, although overall, cleanup boosts land values.</p></div>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"65 3","pages":"603-627"},"PeriodicalIF":3.2000,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Regional Science","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/jors.12753","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study utilizes geocoded land transaction data and information on industrial polluting firms to examine the impact of pollution-intensive firm cleanup on land values in China. Our findings reveal that land parcels with cleanup of at least one heavy polluting enterprise within a 2 km radius experienced a 15.2% increase in land prices compared to those without cleanup. This effect is more pronounced for parcels situated further from the central business district, designated for commercial use, and located in smaller noncapital cities. The emergence of new clean and high-tech firms, along with population growth post-cleanup, are identified as primary drivers behind the upward trend in land values. However, within 500 meters of a cleanup site, there can be adverse effects on adjacent land, although overall, cleanup boosts land values.
期刊介绍：
The Journal of Regional Science (JRS) publishes original analytical research at the intersection of economics and quantitative geography. Since 1958, the JRS has published leading contributions to urban and regional thought including rigorous methodological contributions and seminal theoretical pieces. The JRS is one of the most highly cited journals in urban and regional research, planning, geography, and the environment. The JRS publishes work that advances our understanding of the geographic dimensions of urban and regional economies, human settlements, and policies related to cities and regions.
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