|
|
|
|
|
| Kim, Jungik; Goldsmith, Peter D.; Thomas, Michael H.. |
| A spatial hedonic model is developed to assess monetary harm of confined animal feeding operations (CAFOs) on property values, taking explicitly spatial dependence in property values into account. Spatial autocorrelation was found in the form of spatial lag dependence, not spatial error dependence. When spatial lag dependence is explicitly taken into account, on average the impact is reduced by 18%. The magnitude of the spatial autoregressive parameter was about 0.2 for the 1-mile distance band, meaning one-fifth of the house value could be explained by the values of the neighboring houses. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2004 |
URL: http://purl.umn.edu/20186 |
| |
|
|
| Solis, Daniel; Thomas, Michael H.; Letson, David. |
| In this study we implement a set of econometric models to analyze the determinants of household hurricane evacuation choice for a sample of 1,355 households in Florida. This article contributes to the literature by accounting for two issues normally neglected in previous studies; namely, time and space. The empirical results suggest that households living in risky environments (mobile home and flooding areas) are more likely to evacuate. In addition, households with kids and those who have experience the treat of a hurricane also display higher probabilities to evacuate. Conversely, homeowners and households with pets are less likely to evacuate than their counterparts. Regional differences in propensity to evacuate are also clearly demonstrated, with... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hurricane; Evacuation choice; Probit; Environmental Economics and Policy; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/45338 |
| |
|
|
| Thomas, Michael H.; Goldsmith, Peter D.; Milla, Katherine; Stratis, Nicholas; Bruton, Natasha. |
| Controversy surrounding confined animal feeding operations (CAFO) is becoming more commonplace. In several regions of the country CAFOs and local residents have had disputes over odors emanating from these operations. Viewing the CAFO as jointly producing products with utility (e.g., meat) and disutility (e.g., foul odor), it is possible to determine an efficient level of production for both products that is market-based. The authors propose a hedonic price model based upon real-estate transactions adjacent to CAFOs to establish a market-based estimate of the degree and extent of odor disutility. Using the results of the hedonic model, the authors suggest that a simple model of odor dispersal can be used to address the issue of economies of scale... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/20629 |
| |
|
| |
|
| |
|
|
|
