Hedonic property values and water quality: A meta-analysis of commodity, market, and methodological choices

Heberling, Matthew T.; Guignet, Dennis; Papenfus, Michael

doi:10.1016/j.jenvman.2023.119829

Journal of Environmental Management

2024

DOI: 10.1016/j.jenvman.2023.119829

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Hedonic property values and water quality: A meta-analysis of commodity, market, and methodological choices

Matthew T. Heberling,

Dennis Guignet,

Michael Papenfus

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Impact of waterborne E. coli outbreaks on local communities: evidence from housing transactions in Michigan

Graziano,

Liu,

Meyer

et al. 2024

Agric. Resour. Econom. Rev.

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Waterborne Escherichia coli (E. coli) represents a pervasive water quality problem across the United States. In Michigan, the presence of E. coli has become problematic for many areas where agricultural run-off and ineffective policies have made these outbreaks endemic. Combining the universe of housing transaction datasets from 2009 to 2017 with the State of Michigan water sampling dataset, we investigate and quantify the negative impacts of E. coli outbreaks on local housing prices. Our difference-in-differences model estimates an overall impact of −8.94% for houses in the treatment group relative to the control group. However, this effect is only short term, as sales prices recover after the outbreak has ended.

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Impact of waterborne E. coli outbreaks on local communities: evidence from housing transactions in Michigan

Graziano,

Liu,

Meyer

et al. 2024

Agric. Resour. Econom. Rev.

View full text Add to dashboard Cite

show abstract

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Hedonic property values and water quality: A meta-analysis of commodity, market, and methodological choices

Cited by 1 publication

References 58 publications

Impact of waterborne E. coli outbreaks on local communities: evidence from housing transactions in Michigan

Impact of waterborne E. coli outbreaks on local communities: evidence from housing transactions in Michigan

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