The value of brownfield remediation

Kevin Haninger, Lala Ma, Christopher Timmins

Research output: Contribution to journalArticlepeer-review

82 Scopus citations


The US Environmental Protection Agency Brownfields Program awards grants to redevelop contaminated lands known as brownfields. This paper estimates cleanup benefits by combining administrative records for a nationally representative sample of brownfields with high-resolution, high-frequency housing data. With cleanup, we find that property values increase by an average of 5.0% to 11.5%. For a welfare interpretation that does not rely on the intertemporal stability of the hedonic price function, a double-difference matching estimator finds even larger effects of up to 15.2%. Our various specifications lead to the consistent conclusion that Brownfields Program cleanups yield positive, statistically significant, but highly localized effects on housing prices.

Original languageEnglish
Pages (from-to)197-241
Number of pages45
JournalJournal of the Association of Environmental and Resource Economists
Issue number1
StatePublished - Mar 1 2017

Bibliographical note

Publisher Copyright:
© 2017 by The Association of Environmental and Resource Economists. All rights reserved.


  • Brownfields
  • Difference in differences
  • Nearest neighbor matching
  • Property value hedonics

ASJC Scopus subject areas

  • Economics and Econometrics
  • Nature and Landscape Conservation
  • Management, Monitoring, Policy and Law


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