An interesting new paper that is unique (as far as I know) in that it tries to “externalize” the economic impact of light pollution by comparing the spatial distribution of nighttime lights (‘NTL’) to land values. Unsurprisingly, the authors find that “the relationship between NTL and land values is nuanced and heterogenous conditional on the level of brightness and the type of land,” but that it has “a quadratic concave-downward effect on residential land values while a linear positive effect on commercial zonal values”.
https://www.tandfonline.com/doi/abs/10.1080/2150704X.2026.2650396