Abstract
The Fukushima Daiichi Nuclear Power Plant accident was caused by the Great East Japan Earthquake in March, 2011. Widespread areas in eastern Japan were contaminated by the huge release of radioactive materials. We analyze the long-term effects of the accident on land prices by estimating the hedonic equation with regional fixed effects. Our estimation results show that the soil contamination by cesium-134/137 affected the surrounding land prices negatively; however, this effect disappeared after only one year. This implies that we should discreetly interpret the results in estimating the cost of the Fukushima nuclear accident by the hedonic approach.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
