Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:07:16pm CEST (Norway)
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Local pollution externalities Location: Auditorium A: Victor D. Norman Session Chair: Massimo Filippini, ETH Zurich | |
    | |
The impact of wastewater treatment plants on residential property values: A hedonic price analysis Peking University, China, People's Republic of Large-scale infrastructure have significant social benefits but may also generate substantial local negative externalities, leading to opposition from nearby communities. This study estimates the local negative externalities of such environmental infrastructure by examining the impact of wastewater treatment plants (WWTPs) on nearby second-hand housing prices. Using data from nearly all large-scale (design capacity ≥10,000 m³/day) WWTPs in China and over a million second-hand housing transactions across ten provinces, we apply a difference-in-differences model. We find that the presence of WWTPs leads to a 3.5% decline in surrounding property prices. This effect is localized and exhibits post-adjustment, gradually diminishing with increasing distance from the WWTP and over time after the WWTP starts operating. Smaller and earlier WWTPs have a larger negative effect on nearby housing prices. Additionally, higher-income areas experience greater economic losses. | |