You are here:
The Benefits of Regulating Hazardous Waste Disposal: Land Values as an Estimator, Executive Summary
This document is the executive summary of a larger study that investigated the hypothesis that hazardous waste sites depress the value of nearby properties. The analysis was conducted in two phases. The first, reported in EE-0200B (see listing above of other reports in the same series for link), consisted of an empirical analysis of the impact of a hazardous waste site on property values in two locations. The second phase, reported in EE-0200C, focused on a more detailed analysis of one of the original two sites. Overall, the study's findings failed to confirm the hypothesis. The authors offer a number of theoretical and empirical reasons for this result, and conclude that property value studies are not likely to be valid or useful for predicting the potential benefits of regulating hazardous waste sites.
1. Benefits Analysis
1. Benefits Analysis - Valuation
1. Benefits Analysis - Valuation - Revealed Preference
1. Benefits Analysis - Valuation - Revealed Preference - Property ValueEnvironmental Media:
c. Land - Solid Waste/RCRA
c. Land - Superfund/CERCLAAuthors:
Adler, Kenneth J.
Anderson, Robert C.
Cook, Zena L.
Dower, Roger C.
Ferguson, Allen R.
Vickers, Margo J.EPA Project Officer/ Manager:Geographic Area:Study Purpose:
Methodology Development & EvaluationReport Series: The Benefits of Regulating Hazardous Waste Disposal
List of all reports in the Series:
- Participating Organizations
Public Interest Economics Center Address: 1525 New Hampshire Ave., NW
City: Washington State: DC ZIP: 20036
Environmental Protection Agency, Office of Policy, Planning and Evaluation Address:
City: Washington State: DC ZIP: 20460
- Report Details
FinalDate: 06/01/1984Number of Pages: 17EPA #:
- How to Obtain Report