Environmental liability and redevelopment of old industrial land

Many communities are concerned about the reuse of potentially contaminated land (brownfields) and believe that environmental liability is a hindrance to redevelopment. However, with land price adjustments, liability might not impede the reuse of this land. Existing literature has found price reductions in response to liability, but few studies have looked for an effect on vacancies. This paper studies variations in state liability rules

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Year of publication:	2006
Authors:	Sigman, Hilary
Publisher:	New Brunswick, NJ : Rutgers University, Department of Economics
Subject:	Bodennutzung \| Bodensanierung \| Kosten \| Kosten-Nutzen-Analyse \| USA \| - specifically, strict liability and joint and several liability

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Series:	Working Paper ; 2006-09
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	566304384 [GVK] hdl:10419/31278 [Handle]
Classification:	K32 - Environmental, Health, and Safety Law
Source:	EconStor