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Hog Operations, Environmental Effects, and Residential Property Values

Author

Listed:
  • Raymond B. Palmquist
  • Fritz M. Roka
  • Tomislav Vukina

Abstract

A hedonic study of rural residential house sales in southeastern North Carolina was conducted to determine the effect of large-scale hog operations on surrounding property values. An index of hog manure production at different distances from the houses was developed. It was found that proximity caused a statistically significant reduction in house prices of up to 9 percent depending on the number of hogs and their distance from the house. The effect on the price of a house from opening a new operation depended on the number of hogs already in the area.
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Suggested Citation

  • Raymond B. Palmquist & Fritz M. Roka & Tomislav Vukina, "undated". "Hog Operations, Environmental Effects, and Residential Property Values," Working Paper Series 12, North Carolina State University, Department of Economics.
    • Handle: RePEc:ncs:wpaper:12
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