The costs of induced seismicity: A hedonic analysis

C-Tier
Journal: Economics Letters
Year: 2017
Volume: 160
Issue: C
Pages: 86-90

Authors (3)

Metz, Neil E. (not in RePEc) Roach, Travis (University of Central Oklahoma) Williams, Jordan A. (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

New developments in drilling technology and hydraulic fracturing have brought unprecedented change to energy markets domestically and internationally. Unintended effects of this extraction technique have been felt, quite literally, due to induced seismicity from wastewater injection. This research measures the costs of induced seismicity through changes in home prices using a hedonic price analysis within a differences-in-differences framework. We find the revealed cost to be between 3.15%–4.7% of home values, up to a $6660 reduction at the average.

Technical Details

RePEc Handle
repec:eee:ecolet:v:160:y:2017:i:c:p:86-90
Journal Field
General
Author Count
3
Added to Database
2026-01-29