Table 5

Heterogeneous Effects of Brownfield Remediation by Contamination Source and Reuse Type

Panel A: Contamination SourceHistoricalSynthetic CompoundsPetroleumOther
(1)(2)(3)(4)
BDI–0.0073** (0.0033)–0.0064 (0.0041)–0.0089** (0.0044)–0.0162*** (0.0034)
Panel B: Reuse TypeCommercialResidentialIndustrialOther
(5)(6)(7)(8)
BDI–0.0089** (0.0035)–0.0069** (0.0032)–0.0205*** (0.0050)–0.0217*** (0.0038)
  • Note: Each column of each panel represents a separate regression, each with only one type of brownfield included in the calculation of BDI. For this table, BDI is calculated as the sum of inverse distances for all remediated brownfields of that type at the time of sale. “Historical” indicates a site of past manufacturing. “Synthetic compounds” include heavy metals and polychlorinated biphenyls. “Residential” includes both housing and schools. For contamination, “Other” indicates that either the contamination was unknown or there were too few instances of that type to form a group. For reuse, “Other” indicates that either there were too few instances of that type to form a group or there was no reuse occurring. All models include all controls used in Column 5 of Table 2 and have a sample size of 43,787.

  • ↵**, *** Significance at 5% and 1%, respectively.