Negative Externalities of a Central City’s Tris on Surrounding Suburban Housing Sale Prices: are Economically Distressed Cities more Damaged?

Eugene Choi

International Review of Public Administration, 2010, vol. 15, issue 3, 1-11

Abstract: The purpose of this study is to measure negative externalities of toxics release inventories (TRIs) on housing sale prices. This study focuses on TRIs located in the center of Cleveland, Ohio, and their effects on the sale prices of single family homes in surrounding cities in Cuyahoga County, Ohio, from 2001 to 2006. Furthermore, I test whether housing sale prices in economically distressed suburbs have been more harmed by TRIs than those in less distressed suburbs. General OLS regression models that employ hedonic models are used for these estimations. Results of this study suggest that housing sale prices in economically distressed inner-ring suburbs were considerably harmed by Cleveland’s TRIs, while housing sale prices in less distressed inner-ring suburbs were not affected by such TRIs.

Date: 2010
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DOI: 10.1080/12294659.2011.10805175

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