Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/120466
Authors: 
Grislain-Letremy, Celine
Katossky, Arthur
Year of Publication: 
2012
Series/Report no.: 
52nd Congress of the European Regional Science Association: "Regions in Motion - Breaking the Path", 21-25 August 2012, Bratislava, Slovakia
Abstract: 
Housing prices can decrease because of proximity to hazardous industrial plants. This effect depends on households' perception of risk and can so be modified by events that change risk perception, such as technological risk prevention plans in France. The impact of these plans is difficult to estimate because their implementation in urban zones is very recent. However, the study of other events modifying risk perception provides partial answer. This paper studies areas in the vicinity of hazardous industrial plants near Bordeaux, Dunkirk and Rouen. Applying hedonic price method enables to estimate the effect of proximity to hazardous industrial plants on housing prices. Results suggest that these price differences are modified neither by local incidents, the AZF accident, information policies, nor by the implementation of the technological disasters insurance system.
Subjects: 
environmental public policies
industrial risk
land use
hedonic price method
JEL: 
Q51
Q58
R52
Document Type: 
Conference Paper

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