Spent nuclear fuel and residential property values: the influence of proximity, visual cues and public information

Spent nuclear fuel and residential property values: the influence of proximity, visual cues and public information
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DOI:
10.1007/s101100050034
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发表时间:
1999-10-01
影响因子:
2.1
通讯作者:
Allison, T
Allison, T
中科院分区:
经济学4区
文献类型:
--
作者:
Clark, DE;Allison, T

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本文探讨了公众对核电站乏燃料储存的了解,以及可能发生的任何当地不利风险认知,是否会影响单户住宅物业的销售价格。我们目前的证据,从兰乔塞科,加州,工厂的住宅物业价值使用享乐建模框架,我们包括大量的控制变量,数据与高层次的空间细节和一些公共信息变量,以模拟房地产市场的影响,在15英里半径的工厂。我们的研究结果表明,工厂的邻近性和视觉提醒对当地房地产市场产生了一些影响,并且媒体报道对独栋住宅的销售价格也有很小的影响。JEL分类:R14、R20。
This article examines whether public knowledge of spent fuel storage at nuclear power plants, and any local adverse risk perceptions that may have occurred, affect the sale price of single-family residential properties. We present evidence from the Rancho Seco, California, plant on residential property values using an hedonic modeling framework, We include a large number of control variables, data with a high level of spatial detail and a number of public information variables in order to model property market effects within a fifteen mile radius of the plant. Our findings indicate that proximity and visual reminders of the plant have some influence on local property markets, and that there is a small media coverage effect on single-family home sale prices. JEL classification: R14, R20.