The Coal Transition and Its Implications for Health and Housing Values

Rebecca Fraenkel, Josh Graff Zivin and Sam Krumholz

Land Economics, 2024, vol. 100, issue 1, 51-65

Abstract: From 2005 to 2020, one-third of U.S. coal plants had at least one coal-fired generator close. We use 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 after 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.

JEL-codes: Q51 R21 (search for similar items in EconPapers)
Date: 2024
Note: DOI: https://doi.org/10.3368/le.100.1.102222-0092R
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://le.uwpress.org/cgi/reprint/100/1/51
A subscription is required to access pdf files. Pay per article is available.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:100:y:2024:i:1:p:51-65

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().