Hedonic valuation of the perceived risks of nuclear power plants
Stefan Boes (),
Stephan Nüesch and
Kaspar Wüthrich ()
Economics Letters, 2015, vol. 133, issue C, 109-111
We use the 2011 Fukushima accident to evaluate the impact of the perceived risks of nuclear power plants on apartment rents in Switzerland. Using online advertisements over 12 years and a difference-in-differences approach, we find a 2.3% price discount after the accident for apartments near nuclear power plants.
Keywords: Hedonic valuation; Environmental goods; Nuclear power; Difference-in-differences; Risk perception (search for similar items in EconPapers)
JEL-codes: R21 Q51 Q53 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:133:y:2015:i:c:p:109-111
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