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The toxics release inventory: public awareness or common ignorance?

The toxics release inventory: public awareness or common ignorance? This paper investigates public awareness of Toxics Release Inventory (TRI) sites by empirically testing the sensitivity of housing prices to existing sites using a series of hedonic property value models. Results are three–fold: 1) housing values are sensitive to nearby TRI sites, implying citizens are aware and concerned about TRI sites nearest to their homes; 2) they are able to differentiate between degrees of severity of the sites in so far as the level of a "second–order" report; 3) the marginal impact of increased distance on expected housing values is estimated to be between $979 and $5,079 per mile. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Interdisciplinary Environmental Review Inderscience Publishers

The toxics release inventory: public awareness or common ignorance?

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1521-0227
eISSN
2042-6992
DOI
10.1504/IER.2001.053870
Publisher site
See Article on Publisher Site

Abstract

This paper investigates public awareness of Toxics Release Inventory (TRI) sites by empirically testing the sensitivity of housing prices to existing sites using a series of hedonic property value models. Results are three–fold: 1) housing values are sensitive to nearby TRI sites, implying citizens are aware and concerned about TRI sites nearest to their homes; 2) they are able to differentiate between degrees of severity of the sites in so far as the level of a "second–order" report; 3) the marginal impact of increased distance on expected housing values is estimated to be between $979 and $5,079 per mile.

Journal

Interdisciplinary Environmental ReviewInderscience Publishers

Published: Jan 1, 2001

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