Is the Shale Energy Boom a Bust for Nearby Residents? Evidence from Housing Values in Pennsylvania
利用宾夕法尼亚州华盛顿县2008年至2010年的数据，研究发现页岩气勘探活动对周边房产价值有负面影响，但影响取决于距离和强度，且大多是暂时的。
Abstract Profitable extraction of previously inaccessible shale energy reserves has led to the rapid expansion of shale exploration across the United States. We present one of the first empirical studies to measure the impact of early shale exploration on surrounding homeowners using data from Washington County, Pennsylvania, from 2008 to mid 2010. We find that property values are negatively impacted by shale gas exploration activity, but this impact depends on the proximity and intensity of shale activity and is largely transitory. The negative effects are larger for households located close to major highways and sourced with private well water.