Is the Shale Energy Boom a Bust for Nearby Residents? Evidence from Housing Values in Pennsylvania

作者: Sathya Gopalakrishnan , H. Allen Klaiber

DOI: 10.1093/AJAE/AAT065

关键词: Environmental scienceOil shaleBustBoomAgricultural economicsEnergy reservesShale gasProperty valueRapid expansionPrivate wellAgricultural and Biological Sciences (miscellaneous)Economics and Econometrics

摘要: Profitable extraction of previously inaccessible shale energy reserves has led to the rapid expansion exploration across United States. We present one first empirical studies measure impact early on surrounding homeowners using data from Washington County, Pennsylvania, 2008 mid 2010. find that property values are negatively impacted by gas activity, but this depends proximity and intensity activity is largely transitory. The negative effects larger for households located close major highways sourced with private well water.

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