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Fracking and Asset Prices: The Role of Health Indicators for House Prices Across Oklahoma’s Counties

Abstract

The paper extends Apergis’s (Energy Policy, 128, 94–101, 2019) study on the role of fracking activities in housing prices across Oklahoma countries by explicitly considering the role of certain indicators determining the health profile of the population. The analysis employs a panel model approach using data from 76 Oklahoma counties, spanning the period 1996–2015. The findings clearly indicate that the overall impact of fracking on housing prices is negative, given that the health indicators are explicitly considered, i.e. fracking has lowered housing prices.

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Notes

  1. 1.

    Please see Marchand and Weber (2017) for a detailed survey on the local labor market effects of natural resources.

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Correspondence to Nicholas Apergis.

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Apergis, N., Dastidar, S.G. & Mustafa, G. Fracking and Asset Prices: The Role of Health Indicators for House Prices Across Oklahoma’s Counties. Soc Indic Res 154, 583–602 (2021). https://doi.org/10.1007/s11205-020-02544-z

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Keywords

  • Fracking
  • Housing prices
  • Health indicators
  • Oklahoma counties

JEL Codes

  • Q30
  • G10
  • G12
  • I12
  • C33