Measuring hazardous waste damages with panel models

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

Research output: Contribution to journalArticlepeer-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 languageEnglish (US)
Pages (from-to)259-271
Number of pages13
JournalJournal of Environmental Economics and Management
Volume22
Issue number3
DOIs
StatePublished - May 1992

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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