Evaluating the Economic Implications of Industrial Pollution on Urban Development

Abstract

This paper examines the economic implications of industrial pollution on urban development by evaluating direct costs such as property value depreciation and public health expenditures, and indirect effects including economic growth and social equity. Through case studies and economic models, we illustrate how pollution impacts urban areas and offer policy recommendations to mitigate these effects. Our findings reveal that industrial pollution poses substantial economic costs, influencing various aspects of urban development and necessitating comprehensive policy interventions.