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Community Growth Around Nuclear Power Plants
Author(s) -
Gamble Hays B.,
Downing Roger H.,
Sauerlender Owen H.
Publication year - 1980
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00217
Subject(s) - nuclear power plant , growth rate , nuclear power , power (physics) , economics , plant growth , agricultural economics , host (biology) , economic geography , natural resource economics , biology , ecology , botany , mathematics , nuclear physics , physics , geometry , quantum mechanics
This study analyzes the growth rates of 64 municipalities around 4 nuclear power plants in the Northeastern United States, as reflected by changes in equalized total real property market values from 1960 to 1976. Annual growth rates were inversely related to distance from the plant, and were higher after the plants became operational. Growth rates for the host municipalities were greater than those for the regions around them. Although it was not possible to isolate the specific effects of nuclear power plants on growth rates, the empirical results suggest that at least until 1976 there were positive growth effects in the host communities.