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Environmental Contamination, Brownfields Policy, and Economic Redevelopment in an Industrial Area of Baltimore, Maryland

  • Miriam Schoenbaum
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    Recently, many states have passed brownfields legislation to limit the liability of innocent property redevelopers, based on the assumption that pollution systematically affects land use and development. The goal of this study was to examine this assumption. The study area was an industrial area of Baltimore, Maryland, characterized by brownfields and recent economic development. Data from 1963–1999 for brownfield and non-brownfield parcels were collected and compared to identify variations in assessed land value, vacancy, sales, and redevelopment. The absence of a systematic relationship between pollution and land use variables suggests that other factors may also be involved in vacancy and underuse.

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    File URL: http://le.uwpress.org/cgi/reprint/78/1/60
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    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 78 (2002)
    Issue (Month): 1 ()
    Pages: 60-71

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    Handle: RePEc:uwp:landec:v:78:y:2002:i:1:p:60-71
    Contact details of provider: Web page: http://le.uwpress.org/

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    1. Colwell, Peter F & Sirmans, C F, 1993. "A Comment on Zoning, Returns to Scale, and the Value of Undeveloped Land," The Review of Economics and Statistics, MIT Press, vol. 75(4), pages 783-86, November.
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    7. Boarnet, Marlon G. & Bogart, William T., 1996. "Enterprise Zones and Employment: Evidence from New Jersey," Journal of Urban Economics, Elsevier, vol. 40(2), pages 198-215, September.
    8. Rosenthal Stuart S. & Helsley Robert W., 1994. "Redevelopment and the Urban Land Price Gradient," Journal of Urban Economics, Elsevier, vol. 35(2), pages 182-200, March.
    9. Mills, Edwin S. & Price, Richard, 1984. "Metropolitan suburbanization and central city problems," Journal of Urban Economics, Elsevier, vol. 15(1), pages 1-17, January.
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    11. Geltner, David & Riddiough, Timothy & Stojanovic, Srdjan, 1996. "Insights on the Effect of Land Use Choice: The Perpetual Option on the Best of Two Underlying Assets," Journal of Urban Economics, Elsevier, vol. 39(1), pages 20-50, January.
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