The Coal-to-Gas Fuel Switching and its Effects on Housing Prices

Nathaly Rivera and Scott Loveridge
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Scott Loveridge: Michigan State University

No 2020-01, Working Papers from University of Alaska Anchorage, Department of Economics

Abstract: We derive causal property value impacts of the coal-to-gas fuel switching conversion implemented by several power plants in the United States. We use an extensive dataset of property transactions around the country and adopt several spatial difference-in-difference approaches that use records of residential property transactions of homes with wind exposure and proximity to the switching plants before and after the switch. A triple-differences control function estimator using coal-fired plants that did not innovate strengthens these estimations. Our results indicate that the shutdown of coal-fired generators increases property values of downwind homes by 15% in the immediate vicinity of fuel-switching plants (

Keywords: Fossil Fuels; Fuel Switching; Environmental Quality; Housing Market; Environmental Valuation; Hedonic Models (search for similar items in EconPapers)
JEL-codes: C7 C9 D7 Q2 (search for similar items in EconPapers)
Date: 2020-03
New Economics Papers: this item is included in nep-ene, nep-env, nep-reg and nep-ure
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Related works:
Journal Article: Coal-to-gas fuel switching and its effects on housing prices (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:ala:wpaper:2020-01

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