The housing market impacts of shale gas development

Journal Article (Journal Article)

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.

Full Text

Duke Authors

Cited Authors

  • Muehlenbachs, L; Spiller, E; Timmins, C

Published Date

  • December 1, 2015

Published In

Volume / Issue

  • 105 / 12

Start / End Page

  • 3633 - 3659

International Standard Serial Number (ISSN)

  • 0002-8282

Digital Object Identifier (DOI)

  • 10.1257/aer.20140079

Citation Source

  • Scopus