煤炭转型及其对健康和住房价值的影响

IF 1.3 4区经济学 Q3 ECONOMICS

Land Economics Pub Date : 2023-08-18 DOI:10.3368/le.100.1.102222-0092r

Rebecca Fraenkel, Josh Graff-Zivin, Sam Krumholz

{"title":"煤炭转型及其对健康和住房价值的影响","authors":"Rebecca Fraenkel, Josh Graff-Zivin, Sam Krumholz","doi":"10.3368/le.100.1.102222-0092r","DOIUrl":null,"url":null,"abstract":"<h3>Abstract</h3> From 2005–2020, one-third of US coal plants had at least one coal-fired generator close. We utilize this natural experiment to estimate the effect of coal plant exposure on mortality and house values. Using a difference-in-differences design, we find that counties within 30 miles of a closing unit experience large health effects following shutdown. While these health improvements appear to capitalize into housing values, they only do so within 15 miles of the plant and only when the retirement is of all units. Taken together, these results underscore the importance of risk salience in shaping market-mediated price effects.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Coal Transition and Its Implications for Health and Housing Values\",\"authors\":\"Rebecca Fraenkel, Josh Graff-Zivin, Sam Krumholz\",\"doi\":\"10.3368/le.100.1.102222-0092r\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<h3>Abstract</h3> From 2005–2020, one-third of US coal plants had at least one coal-fired generator close. We utilize this natural experiment to estimate the effect of coal plant exposure on mortality and house values. Using a difference-in-differences design, we find that counties within 30 miles of a closing unit experience large health effects following shutdown. While these health improvements appear to capitalize into housing values, they only do so within 15 miles of the plant and only when the retirement is of all units. Taken together, these results underscore the importance of risk salience in shaping market-mediated price effects.\",\"PeriodicalId\":51378,\"journal\":{\"name\":\"Land Economics\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2023-08-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Land Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3368/le.100.1.102222-0092r\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Land Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3368/le.100.1.102222-0092r","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

摘要

从2005年到2020年，三分之一的美国燃煤电厂至少关闭了一台燃煤发电机。我们利用这个自然实验来估计煤电厂暴露对死亡率和房屋价值的影响。使用差异中的差异设计，我们发现关闭机组30英里内的县在关闭后会受到很大的健康影响。虽然这些健康状况的改善似乎体现在住房价值上，但它们只在核电站周围15英里范围内有效，而且只有在所有机组都退役的情况下才有效。综上所述，这些结果强调了风险显著性在塑造市场介导的价格效应中的重要性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The Coal Transition and Its Implications for Health and Housing Values

Abstract

From 2005–2020, one-third of US coal plants had at least one coal-fired generator close. We utilize this natural experiment to estimate the effect of coal plant exposure on mortality and house values. Using a difference-in-differences design, we find that counties within 30 miles of a closing unit experience large health effects following shutdown. While these health improvements appear to capitalize into housing values, they only do so within 15 miles of the plant and only when the retirement is of all units. Taken together, these results underscore the importance of risk salience in shaping market-mediated price effects.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Land Economics Multiple-

CiteScore

2.60

自引率

0.00%

发文量

期刊介绍： Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.