The economic consequences of local gas leaks with evidence from Massachusetts housing market

Summary: This study provides the first empirical evidence of the impact of leaks in natural gas distribution pipelines on nearby home prices. Using high-resolution property transaction data in Massachusetts and a difference-in-differences approach, we find that gas leaks significantly reduce nearby...

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Bibliographic Details
Main Authors: Xingchi Shen, Morgan R. Edwards, Yueming (Lucy) Qiu, Pengfei Liu
Format: Article
Language:English
Published: Elsevier 2024-12-01
Series:iScience
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S258900422402710X