Costs of Exposure to Industrial Livestock Operations
利用北卡罗来纳州全部农场特征和住房交易数据，评估暴露于工业化养猪和养鸡场对周边房产价值的影响，发现显著负面效应，尤其对依赖私人水井的房产。
<h3>Abstract</h3> Concentrated animal feeding operations, particularly hog and poultry farms, have expanded rapidly in North Carolina in recent decades. The air pollution and water contamination they generate cause many environmental and health problems for local communities. Using the universe of farm characteristic and housing transaction data in North Carolina, we recover hedonic estimates of property value impacts from exposure to these industrial livestock operations. Our results show large and significant negative impacts on nearby home values, particularly when those properties are dependent on private wells.