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Project Citation: 

Keiser, David, Lade, Gabriel  , and Christensen, Peter . Data and Code for: Economic Effects of Environmental Crises: Evidence from Flint, Michigan. Nashville, TN: American Economic Association [publisher], 2023. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-01-26. https://doi.org/10.3886/E168842V1

Project Description

Summary:  View help for Summary In April 2014, Flint, Michigan switched its drinking water supply from the Detroit water system to the Flint River as a temporary means to save $5M. Over eighteen months, it was revealed that the switch exposed residents to dangerous levels of lead, culminating in an emergency declaration in October 2015. This paper examines the impact of this crisis on the Flint housing market. The value of Flint's housing stock has fallen by $520M to $559M despite over $400M in remediation spending. Home prices remain depressed through August 2019, sixteen months after the water was declared safe for consumption. 

Scope of Project

Subject Terms:  View help for Subject Terms drinking water; pollution; lead; Flint; crisis
JEL Classification:  View help for JEL Classification
      H12 Crisis Management
      H41 Public Goods
      Q51 Valuation of Environmental Effects
      Q58 Environmental Economics: Government Policy
      R31 Housing Supply and Markets
Geographic Coverage:  View help for Geographic Coverage Michigan, Ohio, New Jersey, Indiana, Connecticut
Time Period(s):  View help for Time Period(s) 1/2006 – 8/2019
Data Type(s):  View help for Data Type(s) administrative records data; aggregate data; census/enumeration data; event/transaction data; geographic information system (GIS) data; observational data


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