The Housing Market Impacts of Shale Gas Development

Lucija Muehlenbachs, Elisheba Spiller and Christopher Timmins

American Economic Review, 2015, vol. 105, issue 12, 3633-59

Abstract: Using data from Pennsylvania and an array of empirical techniques to control for confounding factors, we recover hedonic estimates of property value impacts from nearby shale gas development that vary with water source, well productivity, and visibility. Results indicate large negative impacts on nearby groundwater-dependent homes, while piped-water-dependent homes exhibit smaller positive impacts, suggesting benefits from lease payments. Results have implications for the debate over regulation of shale gas development. (JEL L71, Q35, Q53, R31)

JEL-codes: L71 Q35 Q53 R31 (search for similar items in EconPapers)
Date: 2015
Note: DOI: 10.1257/aer.20140079
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Citations: View citations in EconPapers (186)

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Related works:
Working Paper: The Housing Market Impacts of Shale Gas Development (2014)
Working Paper: The Housing Market Impacts of Shale Gas Development (2013)
Working Paper: The Housing Market Impacts of Shale Gas Development (2013)
Working Paper: The Housing Market Impacts of Shale Gas Development
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