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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
The U.S.-Mexico Border And Housing Prices: Understanding The Impact Of Border Fencing On Property Values, Mary Jane Macarthur
The U.S.-Mexico Border And Housing Prices: Understanding The Impact Of Border Fencing On Property Values, Mary Jane Macarthur
Undergraduate Honors Theses
Building a barrier on the US-Mexico border has been a hot-button issue for a couple of decades. Not only do people disagree on the effectiveness of walls and fences, but there has also been debate on whether they generate positive or negative externalities on localities. Using data on construction of the US-Mexico border fence, as well as housing data for Yuma County, Arizona, I attempt to identify the treatment effect of fence construction on nearby housing prices, which may serve as an indicator of some of the external impacts of walls and fences. Mine is the first study to quantify …
Wind Turbines And Housing Prices: Valuing The Impact Of Wind Farms On Transactions, Nathan Guzman
Wind Turbines And Housing Prices: Valuing The Impact Of Wind Farms On Transactions, Nathan Guzman
Undergraduate Honors Theses
As the number of wind farms worldwide increases, more and more homeowners will live near them. Some homeowners have found these wind turbines generate noise, obstruct views, and cast shadows on their property. Using data from 10 years of transactions in McLean County, Illinois, I investigate if a wind farm near a neighborhood impacts housing prices. After estimating a simple difference-in-differences model, I find that wind farms may have had a negative effect on home prices. I then discuss how this paper fits in with existing literature and provide suggestions about how further research could proceed.