Plausibly Exogenous [752] - Of Pipes and Sewers (02/09/2022)
LHS Variable
Property values
RHS Variable
Piped water and sewers
Source of Exogenous Variation
Construction cost for sewers varies sensitively with variations in grade that are otherwise imperceptible and therefore affect land values only through their effect on the timing of piped water and sewer access
- Coury, Kitagawa, Shertzer, and Turner (2022), “The Value of Piped Water and Sewers: Evidence from 19th Century Chicago”