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Economic impact and public costs of confined animal feeding operations at the parcel level of Craven County, North Carolina

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  • Jungik Kim
  • Peter Goldsmith

    ()

  • Michael Thomas

Abstract

Conflicts have arisen between communities and operators of confined animal feeding as farms have become bigger in order to maintain their competitiveness. These conflicts have been difficult to resolve because measuring and allocating the benefits and costs of livestock production is difficult. This papers demonstrates a policy tool for promoting compromise whereby the community gets reduced negative impacts from livestock while at the same time continues to benefit from livestock jobs, taxes, and related economic activity. Public economic benefits and public economic costs of confined animal feeding operations are estimated for every farm and affected house in Craven County, North Carolina. The results show public economic benefits of $5.7 million and public economic costs of $2.2 million, but that the ratio of benefits to costs for individual farm-house pairs varies in important ways across the 26 hog farms in Craven County. Copyright Springer Science+Business Media B.V. 2010

Suggested Citation

  • Jungik Kim & Peter Goldsmith & Michael Thomas, 2010. "Economic impact and public costs of confined animal feeding operations at the parcel level of Craven County, North Carolina," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 27(1), pages 29-42, March.
  • Handle: RePEc:spr:agrhuv:v:27:y:2010:i:1:p:29-42
    DOI: 10.1007/s10460-009-9193-x
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    References listed on IDEAS

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    1. Jungik Kim & Peter Goldsmith, 2009. "A Spatial Hedonic Approach to Assess the Impact of Swine Production on Residential Property Values," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(4), pages 509-534, April.
    2. Dubin, Robin A, 1998. "Predicting House Prices Using Multiple Listings Data," The Journal of Real Estate Finance and Economics, Springer, vol. 17(1), pages 35-59, July.
    3. O'Byrne, Patricia Habuda & Nelson, Jon P. & Seneca, Joseph J., 1985. "Housing values, census estimates, disequilibrium, and the environmental cost of airport noise: A case study of Atlanta," Journal of Environmental Economics and Management, Elsevier, vol. 12(2), pages 169-178, June.
    4. Goldsmith, Peter D. & Wang, Miao, 2012. "The Economic Impact of Illinois’s Livestock Industry," ACE Reports 181596, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    5. Joseph A. Herriges & Silvia Secchik & JBruce A. Babcock, 2005. "Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values," Land Economics, University of Wisconsin Press, vol. 81(4).
    6. 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.
    7. Anonymous & Halbrook, Steve A. & Thompson, Mary M., 2006. "Overview: The Future of Animal Agriculture in North America," Choices, Agricultural and Applied Economics Association, vol. 21(3).
    8. Richard C. Ready & Charles W. Abdalla, 2005. "The Amenity and Disamenity Impacts of Agriculture: Estimates from a Hedonic Pricing Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(2), pages 314-326.
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