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Overview of Existing Studies on Community Impacts of Land Reuse

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  • Kris Wernstedt

Abstract

The productive reuse of properties that are contaminated by hazardous substances has been increasingly emphasized by the U.S. Environmental Protection Agency and state and environmental agencies. As reuse on contaminated sites has grown, the documentation and analysis of the beneficial effects of such reuse also has expanded. This paper reviews the existing literature on the effects of reuse—summarizing the principal studies, measures of beneficial effects, and associated data—and discusses conceptual issues and difficulties that need to be addressed when estimating the beneficial effects of reuse. Studies included in the review represent a range of scales from the national to the local level and four different methodological approaches (routine data collection, case studies, survey-based methods, and analytical approaches). Directions for improving estimation of the beneficial effects include a wider variety of metrics for capturing the effects, an increased emphasis on the distribution of these effects, and a more rigorous economic accounting perspective

Suggested Citation

  • Kris Wernstedt, 2004. "Overview of Existing Studies on Community Impacts of Land Reuse," NCEE Working Paper Series 200406, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jun 2004.
  • Handle: RePEc:nev:wpaper:wp200406
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    File URL: https://www.epa.gov/environmental-economics/working-paper-overview-existing-studies-community-impacts-land-reuse
    File Function: First version, 2004
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    References listed on IDEAS

    as
    1. Jill J. McCluskey & Gordon C. Rausser, 2003. "Stigmatized Asset Value: Is It Temporary or Long-Term?," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 276-285, May.
    2. Wernstedt, Kris & Hersh, Robert & Crooks, Lisa, 2003. "Brownfields Redevelopment in Wisconsin: A Survey of the Field," Discussion Papers dp-03-54, Resources For the Future.
    3. McCluskey, Jill J. & Rausser, Gordon C., 2003. "Hazardous waste sites and housing appreciation rates," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 166-176, March.
    4. Kiel, Katherine & Zabel, Jeffrey, 2001. "Estimating the Economic Benefits of Cleaning Up Superfund Sites: The Case of Woburn, Massachusetts," The Journal of Real Estate Finance and Economics, Springer, vol. 22(2-3), pages 163-184, March-May.
    5. Ted Gayer & James T. Hamilton & W. Kip Viscusi, 2002. "The Market Value of Reducing Cancer Risk: Hedonic Housing Prices with Changing Information," Southern Economic Journal, Southern Economic Association, vol. 69(2), pages 266-289, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Robin R. Jenkins & Elizabeth Kopits & David Simpson, 2006. "Measuring the Social Benefits of EPA Land Cleanup and Reuse Programs," NCEE Working Paper Series 200603, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2006.
    2. repec:kap:enreec:v:67:y:2017:i:2:d:10.1007_s10640-015-9985-y is not listed on IDEAS
    3. Kris Wernstedt & Peter B. Meyer & Anna Alberini, 2006. "Attracting private investment to contaminated properties: The value of public interventions," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 25(2), pages 247-369.
    4. Jeffrey Zabel, 2007. "The Impact of Imperfect Information on the Transactions of Contaminated Properties," NCEE Working Paper Series 200703, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jan 2007.

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