Scandinavian Working Papers in Economics

Working Paper Series,
Uppsala University, Department of Economics

No 2017:2: The Risks of Nuclear Disaster and Its Impact on Housing Prices

Michihito Ando (), Matz Dahlberg () and Gustav Engström ()
Additional contact information
Michihito Ando: National Institute of Population and Social Security Research, Postal: Hibiya Kokusai, Building 6th Floor 2-2-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011, Japan
Matz Dahlberg: Department of Economics, Postal: Uppsala University, P.O. Box 513, SE-751 20 Uppsala, Sweden
Gustav Engström: The Beijer Institute of Ecological Economics, Postal: the Royal Swedish Academy of Sciences, Stockholm

Abstract: Using a data set on housing sales transactions we explore the potential effect of the Fukushima disaster on housing prices in Sweden. In contrast to most earlier findings in other countries we do not find any disproportionate effect from the Fukushima disaster on housing prices in vicinity of nuclear power plants in Sweden.

Keywords: Fukushima; Nuclear accident; housing price; difference-indifferences

JEL-codes: Q51; Q53; R21

10 pages, February 10, 2017

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