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Reactor Reactions: The Impact of Nuclear Power Plant Closures on Real Residential Property Values
Gomien, Juliana R
Gomien, Juliana R
Abstract
This study examines the economic impact of nuclear power plant closures on surrounding residential property values using U.S. Census and American Community Survey data. Employing difference-in-difference, spatial, and synthetic controls models, the results showed a statistically significant 5–10% decrease in home values in areas closest to a nuclear power plant following its closure. These findings have implications for local governments and policymakers in managing the economic consequences of nuclear decommissioning, a pertinent topic as more American reactors begin to reach the end of their lifespan.
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2025-04-01
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Economics
