打印

作者

来源

JOURNAL OF URBAN ECONOMICS,Vol.99,P.148-160

语言

英文

关键字

Willingness to pay; Fukushima; Nuclear power plant; Land property damage; Radioactive contamination; Land contamination; POWER-PLANT ACCIDENT; PROPERTY-VALUES; RADIONUCLIDES; ENERGY; JAPAN

作者单位

[Kawaguchi, Daiji] Univ Tokyo, Grad Sch Econ, Bunkyo Ku, Hongo 7-3-1, Tokyo 1130033, Japan. [Yukutake, Norifumi] Nihon Univ, Coll Econ, Chiyoda Ku, Misaki Cho 1-3-2, Tokyo 1028360, Japan. Kawaguchi, D (reprint author), Univ Tokyo, Grad Sch Econ, Bunkyo Ku, Hongo 7-3-1, Tokyo 1130033, Japan. E-Mail: kawaguchi@e.u-tokyo.ac.jp; yukutake.norifumi@nihon-u.ac.jp

摘要

The cost of a nuclear power plant accident critically depends on people's willingness to pay for avoiding exposure to the nuclear fallout. This paper is the first to estimate such a willingness to pay by observing the change in transaction prices before and after the Fukushima nuclear accident with the degree of radioactive contamination. The estimates, which are based on hedonic price equations with the degree of radioactive contamination measured by airborne surveys, indicate that the contamination decreased the price of residential land and imply a substantial willingness to pay to avoid exposure to the radioactive fallout. The estimated total residential land depreciation ranges from 1.5 to 3.0 trillion yen, approximately equivalent to 15-30 billion US dollars, or about 0.13-0.25% of Japan's total land value. (C) 2017 Elsevier Inc. All rights reserved.