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Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values Author info | Abstract | Publisher info | Download info | Related research | Statistics Joseph A. Herriges
Silvia Secchik
JBruce A. Babcock
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We estimated a hedonic model to explain variations in residential sales price with standard house attributes, such as number of bedrooms and square feet of living space, as well as the effects of distance and density of livestock feeding operations. We find that livestock operations have an overall statistically significant effect on property values. Predicted negative effects are largest for properties that are downwind and close to livestock operations. In addition, feeding operations that are moderate in size have more impact than do largescale operations, most likely reflecting age, type, and management practices of the moderate-sized operations.
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Article provided by University of Wisconsin Press in its journal Land Economics .
Volume (Year): 81 (2005)
Issue (Month): 4 ()
Pages:
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Handle: RePEc:uwp:landec:v:81:y:2005:i:4:p530-545Contact details of provider: Web page: http://le.uwpress.org/
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Paper Joseph A. Herriges & Silvia Secchi & Bruce A. Babcock, 2003.
"Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values ,"
Center for Agricultural and Rural Development (CARD) Publications
03-wp342, Center for Agricultural and Rural Development (CARD) at Iowa State University.
[Downloadable!] Herriges, Joseph A. & Secchi, Silvia & Babcock, Bruce A., 2003.
"Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values ,"
Staff General Research Papers
10683, Iowa State University, Department of Economics.
[Downloadable!] Find related papers by JEL classification: Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation R21 - Urban, Rural, and Regional Economics - - Household Analysis - - - Housing Demand
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Smith, V Kerry & Desvousges, William H, 1986.
"The Value of Avoiding a Lulu: Hazardous Waste Disposal Sites ,"
The Review of Economics and Statistics ,
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Ready, Richard & Abdalla, Charles, 2003.
"The Amenity And Disamenity Impacts Of Agriculture: Estimates From A Hedonic Pricing Model In Southeastern Pennsylvania ,"
2003 Annual meeting, July 27-30, Montreal, Canada
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Raymond B. Palmquist & Fritz M. Roka & Tomislav Vukina, 1997.
"Hog Operations, Environmental Effects, and Residential Property Values ,"
Land Economics ,
University of Wisconsin Press, vol. 73(1), pages 114-124.
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Jill J. McCluskey & Gordon C. Rausser, 2001.
"Estimation of Perceived Risk and Its Effect on Property Values ,"
Land Economics ,
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Christophe Bontemps & Michel Simioni & Yves Surry, 2008.
"Semiparametric hedonic price models: assessing the effects of agricultural nonpoint source pollution ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 23(6), pages 825-842.
[Downloadable!]
Larue, S. & Abildtrup, J. & Schmitt, B., 2008.
"Modelling the Spatial Structure of Pig Production in Denmark ,"
2008 International Congress, August 26-29, 2008, Ghent, Belgium
44281, European Association of Agricultural Economists.
[Downloadable!]
Alexander E. Saak, 2003.
"Spatial Arrangements of Externality Generating and Receiving Activities ,"
Center for Agricultural and Rural Development (CARD) Publications
03-wp348, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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Silvia Secchi, 2007.
"Watching Corn Grow: A Hedonic Study of the Iowa Landscape ,"
Center for Agricultural and Rural Development (CARD) Publications
07-wp445, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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Jungik Kim & Peter Goldsmith, 2009.
"A Spatial Hedonic Approach to Assess the Impact of Swine Production on Residential Property Values ,"
Environmental & Resource Economics ,
European Association of Environmental and Resource Economists, vol. 42(4), pages 509-534, April.
[Downloadable!] (restricted)
Ran, Tao & Zhao, Jinhua, 2005.
"Impacts of Livestock Operations: A Gaussian Dispersion Hedonic Approach ,"
2005 Annual meeting, July 24-27, Providence, RI
19116, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
[Downloadable!]
Nehring, Richard & Fernandez-Cornejo, Jorge, 2005.
"The Impacts of Off-Farm Income on Farm Efficiency, Scale, and Profitability for Corn Farms ,"
2005 Annual meeting, July 24-27, Providence, RI
19566, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
[Downloadable!]
Alexander E. Saak, 2004.
"Equilibrium and Efficient Land-Use Arrangements under Spatial Externality on a Lattice ,"
Food and Agricultural Policy Research Institute (FAPRI) Publications
04-wp376, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
[Downloadable!]
Alexander E. Saak, 2004.
"Equilibrium and Efficient Land-Use Arrangements under Spatial Externality on a Lattice ,"
Center for Agricultural and Rural Development (CARD) Publications
04-wp376, Center for Agricultural and Rural Development (CARD) at Iowa State University.
[Downloadable!]
Saak, Alexander, 2004.
"Equilibrium and Efficient Land-Use Arrangements under Spatial Externality on a Lattice ,"
Staff General Research Papers
12211, Iowa State University, Department of Economics.
[Downloadable!]
Secchi, Silvia, 2007.
"Watching Corn Grow: A Hedonic Study of the Iowa Landscape ,"
Staff General Research Papers
12787, Iowa State University, Department of Economics.
[Downloadable!]
Bontemps, Christophe & Simioni, Michel & Surry, Yves, 2005.
"Hedonic Housing Prices and Agricultural Pollution: An Empirical Investigation on Semiparametric Models ,"
2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
24709, European Association of Agricultural Economists.
[Downloadable!]
Saak, Alexander, 2003.
"Spatial Arrangements of Externality Generating and Receiving Activities ,"
Staff General Research Papers
10909, Iowa State University, Department of Economics.
[Downloadable!]
Bayoh, Isaac & Irwin, Elena & Roe, Brian, 2004.
"The Value Of Clean Dairy Air: Accounting For Endogeneity And Spatially Correlated Errors In A Hedonic Analyses Of The Impact Of Animal Operations On Local Property Values ,"
2004 Annual meeting, August 1-4, Denver, CO
20364, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
[Downloadable!]
Alexander E. Saak, 2003.
"Spatial Arrangements of Externality Generating and Receiving Activities ,"
Food and Agricultural Policy Research Institute (FAPRI) Publications
03-wp348, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
[Downloadable!]
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