 The long-run impact of nuclear waste shipments on the property market: Evidence from a quasi-experimentKishore Gawande, Hank Jenkins-Smith and May Yuan Journal of Environmental Economics and Management, 2013, vol. 65, issue 1, 56-73 Abstract: We use evidence from a quasi-experiment – the shipping of radioactive spent nuclear fuel by train through South Carolina – to assess whether many years of incident-free transport of nuclear waste no longer negatively affects market valuation of properties along the route. Using Charleston County (SC) property sales data over 13 years we find, to the contrary, that the negative impact of the nuclear waste shipments on property values continues to be felt over the long run. The perception of risk from nuclear waste transport appears to be resilient. We contribute methodologically by comparing well-defined treatment and control groups of properties to estimate the average treatment effect of the nuclear waste shipment program. The results are affirmed in both a pooled cross-section sample, as well as a panel data sample of repeated property sales. Keywords: Spent nuclear fuel; Average treatment effect; Difference-in-differences; Pooled cross-section; Panel (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jeeman:v:65:y:2013:i:1:p:56-73 DOI: 10.1016/j.jeem.2012.07.003 Access Statistics for this article Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates More articles in Journal of Environmental Economics and Management from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.