Overview of Existing Studies on Community Impacts of Land Reuse
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
|Date of creation:||Jun 2004|
|Date of revision:||Jun 2004|
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- McCluskey, Jill Jennifer & Rausser, Gordon C, 2000.
"Hazardous waste sites and housing appreciation rates,"
CUDARE Working Paper Series
906, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
- 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.
- McCluskey, Jill & Rausser, Gordon C., 2000. "Hazardous waste sites and housing appreciation rates," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt0z9156qx, Department of Agricultural & Resource Economics, UC Berkeley.
- 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 163-84, March-May.
- 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.
- 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.
- 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.
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