Measuring hazardous waste damages with panel models

Robert Mendelsohn; Daniel Hellerstein; Michael Huguenin; Robert Unsworth; Richard Brazee

doi:10.1016/0095-0696(92)90032-R

Measuring hazardous waste damages with panel models

Robert Mendelsohn, Daniel Hellerstein, Michael Huguenin, Robert Unsworth, Richard Brazee

Research output: Contribution to journal › Article › peer-review

Abstract

This study extends the use of panel data to analyze the damage associated with proximity to a hazardous waste site. Panel data can control for property specific factors which affect sale values, allowing the analysis to focus upon both the spatial and intertemporal factors associated with pollution. We contrast alternative econometric approaches which are applicable to panel data sets and discuss an important application which has led to sizeable natural resource damages actually being paid.

Original language	English (US)
Pages (from-to)	259-271
Number of pages	13
Journal	Journal of Environmental Economics and Management
Volume	22
Issue number	3
DOIs	https://doi.org/10.1016/0095-0696(92)90032-R
State	Published - May 1992

ASJC Scopus subject areas

Economics and Econometrics
Management, Monitoring, Policy and Law

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10.1016/0095-0696(92)90032-R

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title = "Measuring hazardous waste damages with panel models",

abstract = "This study extends the use of panel data to analyze the damage associated with proximity to a hazardous waste site. Panel data can control for property specific factors which affect sale values, allowing the analysis to focus upon both the spatial and intertemporal factors associated with pollution. We contrast alternative econometric approaches which are applicable to panel data sets and discuss an important application which has led to sizeable natural resource damages actually being paid.",

author = "Robert Mendelsohn and Daniel Hellerstein and Michael Huguenin and Robert Unsworth and Richard Brazee",

note = "Funding Information: *This study was funded by the National Oceanic and Atmospheric Administration and US Environmental Protection Agency although the views are those of the authors alone. We thank Gardner Brown, Myrick Freeman, Kerry Smith, and Mark Thayer for their helpful advice, and William Brighton, George Kinter, and Norman Meade for their patient support.",

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AU - Unsworth, Robert

AU - Brazee, Richard

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Measuring hazardous waste damages with panel models

Abstract

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