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Hog Operations, Environmental Effects, and Residential Property Values

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 caus...

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Bibliographic Details
Published in:Land economics 1997-02, Vol.73 (1), p.114-124
Main Authors: Palmquist, Raymond B., Roka, Fritz M., Vukina, Tomislav
Format: Article
Language:English
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Summary: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.
ISSN:0023-7639
1543-8325
DOI:10.2307/3147081