PT  - JOURNAL ARTICLE
AU  - Kuethe, Todd H.
AU  - Keeney, Roman
TI  - Environmental Externalities and Residential Property Values: Externalized Costs along the House Price Distribution
AID  - 10.3368/le.88.2.241
DP  - 2012 May 01
TA  - Land Economics
PG  - 241--250
VI  - 88
IP  - 2
4099  - http://le.uwpress.org/content/88/2/241.short
4100  - http://le.uwpress.org/content/88/2/241.full
SO  - Land Econ2012 May 01; 88
AB  - This study examines the impacts of animal agricultural facilities on the value of residential housing. Through a quantile regression framework we are able to show that the estimated price impacts are not uniform across the distribution of housing prices, and a statistically significant relationship exists only for houses at or above median price levels. These estimated price impacts also increase as the percentile increases. For comparison, the model also includes the proximity to three other waste facility types: industrial, solid, and septic. Our dataset features 14,785 single-family residential transactions in Tippecanoe County, Indiana, over the period 1993–2006. (JEL Q51)