||Benefits of Regulating Hazardous Waste Disposal: Land Values as an Estimator. Volume 1.
Adler, K. J. ;
Anderson, R. C. ;
Cook, Z. L. ;
Dower, R. C. ;
Ferguson, A. R. ;
||Public Interest Economics Center, Washington, DC.;Environmental Protection Agency, Washington, DC. Economic Analysis Div.
||EPA-68-01-5838 ;EPA-68-01-6543; EPA/230/03-85/002;
Hazardous materials ;
Environmental surveys ;
Land surveys ;
Water pollution ;
||Some EPA libraries have a fiche copy filed under the call number shown.
Conceptual and empirical examination of whether the social costs imposed by hazardous waste sites are reflected in property values. A hedonic analysis is used, to account for other characteristics of houses that affect their values. After screening many sites, data are collected and analyzed for two of them. For the Andover site, where contamination was detected in on-site wells but not in wells outside the site boundaries, there was no evidence of an effect on property values. For Pleasant Plains, where contaminated wells had to be closed, there was some indication of expected rent gradient. Further analysis is reported in Volume II.