The Effect of the BP Oil Spill on Volume and Selling Prices of Oceanfront Condominiums

被引：11
|
作者：
Winkler, Daniel T. [1 ]
Gordon, Bruce L. [1 ]
机构：
[1] Univ N Carolina, Joseph M Bryan Sch Business & Econ, Dept Accounting & Finance, Greensboro, NC 27412 USA
来源：
LAND ECONOMICS | 2013年 / 89卷 / 04期
关键词：
RESIDENTIAL PROPERTY-VALUES; HAZARDS;
D O I：
10.3368/le.89.4.614
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study examines the impact of the British Petroleum oil spill on the volume of sales and prices of condominiums located in several cities along the Gulf Coast of Alabama. The findings show a 50% decline in sales volume from July through December 2010. Based on the contract date, a 7.0% decline in condominium selling prices occurred about six weeks after the oil spill. The decline is 8.8% from August to the capping of the well on September 19, with no statistically significant price decline thereafter
引用
收藏
页码：614 / 631
页数：18
相关论文
共 50 条
  • [11] MONITORING OIL SPILL PROGRESSION AND OIL SPILL VOLUME USING SATELLITE IMAGES
    Hilario, P. L. A.
    De la Cruz, R. M.
    Vergara, D. C. D.
    Sabuito, A. J.
    Borlongan, N. J.
    Tabardillo, J. I.
    [J]. GEOSPATIAL WEEK 2023, VOL. 10-1, 2023, : 1137 - 1142
  • [12] Oil prices dent BP chemicals
    不详
    [J]. PROCESS ENGINEERING, 1997, 78 (03) : 7 - 7
  • [13] PETROCHEMICAL SELLING PRICES AND MARGINS SHRINK AS VOLUME INCREASES
    GREEK, BF
    [J]. CHEMICAL & ENGINEERING NEWS, 1986, 64 (23) : 13 - 18
  • [14] The Effect of Reputation on Selling Prices in Auctions
    Grund, Christian
    Guertler, Oliver
    [J]. JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK, 2008, 228 (04): : 345 - 356
  • [15] BP's Alaskan oil spill triggers lawsuit
    不详
    [J]. TCE, 2009, (815): : 9 - 9
  • [16] The BP oil spill and income classification shifting of oil and gas companies
    Lacina, Michael
    Pan, Shanshan
    Garner, Steve
    [J]. ADVANCES IN ACCOUNTING, 2024, 65
  • [17] Offshore oceanic impacts from the BP oil spill
    Joye, Samantha
    MacDonald, Ian
    [J]. NATURE GEOSCIENCE, 2010, 3 (07) : 446 - 446
  • [18] $4.5 BILLION SETTLES BP OIL SPILL CASE
    不详
    [J]. CHEMICAL & ENGINEERING NEWS, 2012, 90 (48) : 24 - 24
  • [19] BP'S EVER-GROWING OIL SPILL
    Johnson, Jeff
    Torrice, Michael
    [J]. CHEMICAL & ENGINEERING NEWS, 2010, 88 (24) : 15 - 24
  • [20] BP rushes to contain Deepwater oil-spill
    Zolfagharifard, Ellie
    [J]. Engineer, 2010, APRIL
12345