| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25427 |
| 来源ID | Working Paper 25427 |
| Substance Use Disorder Treatment Centers and Property Values | |
| Brady P. Horn; Aakrit Joshi; Johanna Catherine Maclean | |
| 发表日期 | 2019-01-07 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Substance use disorders (SUDs) are a major social concern in the United States and other developed countries. There is an extensive economic literature estimating the social costs associated with SUDs in terms of healthcare, labor market outcomes, crime, traffic accidents, and so forth. However, beyond anecdotal claims that SUD treatment centers (SUDTCs), settings in which patients receive care for their SUDs, have a negative effect on property values, there is scant empirical work on this question. In this paper, we investigate the effect of SUDTCs on residential property values using data from Seattle, Washington, and SUDTC location, entry, and exit information. To mitigate bias from the potential endogeneity of SUDTC location choices, we apply a spatial differences-in-differences (SDD) model, which uses property and SUDTC location to construct treatment and comparison groups. Our findings suggest that SUDTCs endogenously locate in lower value areas, and naïve models imply that the entry of an SUDTC leads to a 3.4% to 4.6% reduction in property values. When an SDD model is applied, we find no evidence that SUDTCs affect property values. Overall, our findings suggest anecdotal claims that SUDTCs reduce property values are potentially overstated. |
| 主题 | Public Economics ; Health, Education, and Welfare ; Health ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w25427 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583101 |
| 推荐引用方式 GB/T 7714 | Brady P. Horn,Aakrit Joshi,Johanna Catherine Maclean. Substance Use Disorder Treatment Centers and Property Values. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25427.pdf（864KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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