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Article
Landfill Closure and Housing Values
Contemporary Economic Policy (2009)
  • Thomas C. Kinnaman, Bucknell University
Abstract

The United States disposes roughly 60% of the municipal solid waste it generates each year in solid waste disposal facilities, commonly known as landfills. Hedonic pricing studies have estimated the external costs of landfills on neighboring housing markets, but the literature is silent on what happens to property values after the landfill closes. Original housing price data collected both before and after a landfill closure are used to estimate how a landfill closure affects neighboring property values. Results of both a hedonic pricing model and repeat-sales estimator are used in the analysis.

Disciplines
Publication Date
July, 2009
Citation Information
Thomas C. Kinnaman. "Landfill Closure and Housing Values" Contemporary Economic Policy Vol. 17 Iss. 4 (2009)
Available at: http://works.bepress.com/thomas_kinnaman/20/