| dc.description.abstract |
In the early 1990s, eastern North Carolina experienced a boom in industrial hog
production. Among the negative externalities generated by this activity, residential
property value losses due to operation proximity are some of the most significant. This
paper discusses the impact of hog operation presence on median housing values for census
tracts and blocks (the smallest geographic unit the Census Bureau keeps data on). It
concludes that measuring localized externalities at the tract level yields insignificant
results, but that measuring these at the block level accurately shows the marginal impacts
on housing values. |
en_US |