Valuing Localized Externalities: Hog Operations in North Carolina
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.
Type
Honors thesisDepartment
MathematicsPermalink
https://hdl.handle.net/10161/1425Citation
Murray, Sara (2009). Valuing Localized Externalities: Hog Operations in North Carolina. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/1425.Collections
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