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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:  View help for Summary 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:  View help for Subject Terms Property Values; Hedonics
JEL Classification:  View help for JEL Classification
      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:  View help for Geographic Coverage Pennsylvania
Time Period(s):  View help for Time Period(s) 1995 – 2012
Universe:  View help for Universe Must sign confidentiality agreement with data supplier to work with data. Only sharing codes to reconstruct the data.
Data Type(s):  View help for Data Type(s) event/transaction data

Methodology

Data Source:  View help for Data Source Must contact CoreLogic and Pennsylvania Department of Conservation and Natural Resources to obtain raw data.
Unit(s) of Observation:  View help for Unit(s) of Observation Property,

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