IDEAS home Printed from
   My bibliography  Save this article

Measuring the Impact of the Discovery and Cleaning of Identified Hazardous Waste Sites on House Values


  • Katherine A. Kiel


The current ranking system for Superfund sites considers only the costs of physically cleaning the site, ignoring the social benefits obtained by cleaning. This study estimates the effect of the existence of toxic sites on house values from before information on their toxicity was released by the federal government until several years after cleaning strategies were announced. The results indicate that community knowledge of the site, as well as government agency announcements, causes house prices to decline. It does not appear that assurances that the sites will be cleaned in the future lead to a rebound in house prices.

Suggested Citation

  • Katherine A. Kiel, 1995. "Measuring the Impact of the Discovery and Cleaning of Identified Hazardous Waste Sites on House Values," Land Economics, University of Wisconsin Press, vol. 71(4), pages 428-435.
  • Handle: RePEc:uwp:landec:v:71:y:1995:i:4:p:428-435

    Download full text from publisher

    File URL:
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    1. M J Hagey & E J Malecki, 1986. "Linkages in High Technology Industries: A Florida Case Study," Environment and Planning A, , vol. 18(11), pages 1477-1498, November.
    2. McDonald, John F & Moffitt, Robert A, 1980. "The Uses of Tobit Analysis," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 318-321, May.
    3. M J Hagey & E J Malecki, 1986. "Linkages in high technology industries: a Florida case study," Environment and Planning A, Pion Ltd, London, vol. 18(11), pages 1477-1498, November.
    4. James P. Miller & Herman Bluestone, 1988. "Prospects for Service Sector Employment Growth in Non-Metropolitan America," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 28-41, Winter.
    5. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, Oxford University Press, vol. 80(2), pages 190-207.
    6. P N O'Farrell & B O'Loughlin, 1981. "New Industry Input Linkages in Ireland: An Econometric Analysis," Environment and Planning A, , vol. 13(3), pages 285-308, March.
    7. James P. Miller, 1989. "The Product Cycle and High Technology Industry in Nonmetropolitan Areas, 1976-1980," The Review of Regional Studies, Southern Regional Science Association, vol. 19(1), pages 1-12, Winter.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:71:y:1995:i:4:p:428-435. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.