- Environmental Economics
- Land Use Economics
- Applied Econometrics
- Agricultural Economics
“Understanding the Effects of Policy Uncertainty, Public Land Use Change and Public School Gun Violence: Three Essays in Applied Microeconomics and Environmental Economics”
- Committee: Roger von Haefen (co-chair), Walter Thurman (co-chair), Laura Taylor, Harrison Fell
Job Market Paper
- Housing Supply Responses Under Climate Change Policy Uncertainty: Evidence from North Carolina’s Coast
In March 2010 the North Carolina Coastal Resources Commission released a sea-level rise (SLR) report forecasting 39 inches of SLR by 2100. The issuing authority mandated that the report be used for planning and zoning purposes in NC coastal counties leading to a period of regulatory uncertainty. After the report was released there were significant lobbying efforts and 29 months later a moratorium was placed on using the report for zoning and planning. I examine the effects of the initial SLR report finding a significant increase in housing starts resulting from the report release followed by a subsequent decrease 29 months later. My findings suggest that temporal leakage occurred whereby developers shift the building decision from the future regulated period to the current unregulated period. I find that the report caused temporal leakage of single family home construction on the order of $100 – $400 million.
- Provisioning Environmental Amenities in an Urban Environment: Untangling Willingness to Pay for Public Land Use Changes
Between 2010 and 2015 Raleigh and Wake County, NC significantly expanded the Capital Area Greenway System, a network of off-street paved trails used by pedestrians and cyclists for recreation and transportation. Greenway construction took place largely along streams and rivers, or in areas where the local government held utility easements. The expansion converted public open space to public space intended for recreation. Using detailed GIS data on greenway location, construction timing and nearby property sales I measure willingness to pay for the land use change. I find amenity values associated with greenways capitalize into housing values at a higher rate in low income neighborhoods. High income areas demonstratevery small or zero WTP for constructed greenways. Positive WTP is larger when negative values are associated with the area prior to greenway construction.
- Exogenous Shocks, Property Values and Sorting: An Analysis of Public School Gun Violence (with Laura Taylor)
Since 1980 shootings in U.S. primary, secondary and post-secondary schools, unrelated to drugs or gangs, have affected over 500 victims and resulted in more than 200 deaths. Using national data on public school shootings and property values I measure the effects of public school gun violence on property markets. I find evidence of decreased property values in areas surrounding school where shootings have occurred.
Works in Progress
- Crop Mix or Compliance: An Analysis of Acreage Response to Non Point Source Pollution Reduction Mandates (with Austin Ramsey)
- Willingness to Pay for Green Energy, Green Jobs and Green Views: A Choice Experiment on Offshore Wind Energy (with Laura Taylor and Dan Phaneuf)
- Environmental Mandates and Industry Spillover: Intellectual Property and Inter-Industry Effects of Biofuels Mandates (with Kelly Nelson and Zack Brown)