Replication data for: The Housing Market Impacts of Shale Gas Development
Principal Investigator(s): View help for Principal Investigator(s) Lucija Muehlenbachs; Elisheba Spiller; Christopher Timmins
Version: View help for Version V1
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Data_2014_0079_R2 | 10/19/2021 03:54:PM | ||
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Project Citation:
Muehlenbachs, Lucija, Spiller, Elisheba, and Timmins, Christopher. Replication data for: The Housing Market Impacts of Shale Gas Development. Nashville, TN: American Economic Association [publisher], 2015. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E112973V1
Project Description
Summary:
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Using data from Pennsylvania and an array of empirical techniques to control for confounding factors, we recover hedonic estimates of property value impacts from nearby shale gas development that vary with water source, well productivity, and visibility. Results indicate large negative impacts on nearby groundwater-dependent homes, while piped-water-dependent homes exhibit smaller positive impacts, suggesting benefits from lease payments. Results have implications for the debate over regulation of shale gas development. (JEL L71, Q35, Q53, R31)
Scope of Project
Subject Terms:
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Property Values;
Hedonics
JEL Classification:
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L71 Mining, Extraction, and Refining: Hydrocarbon Fuels
Q35 Hydrocarbon Resources
Q53 Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
R31 Housing Supply and Markets
L71 Mining, Extraction, and Refining: Hydrocarbon Fuels
Q35 Hydrocarbon Resources
Q53 Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
R31 Housing Supply and Markets
Geographic Coverage:
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Pennsylvania
Time Period(s):
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1995 – 2012
Universe:
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Must sign confidentiality agreement with data supplier to work with data. Only sharing codes to reconstruct the data.
Data Type(s):
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event/transaction data
Methodology
Data Source:
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Must contact CoreLogic and Pennsylvania Department of Conservation and Natural Resources to obtain raw data.
Unit(s) of Observation:
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Property,
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