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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2024-12-01
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Series: | iScience |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S258900422402710X |