The Land Premium in Eugene/Springfield: Determining the Price Differentials of brownfield and greenfield parcels and the impact of the Enterprise Zone

Show full item record

Title: The Land Premium in Eugene/Springfield: Determining the Price Differentials of brownfield and greenfield parcels and the impact of the Enterprise Zone
Author: Bricker, Ryan; Simantel, Jeremy
Abstract: Using a hedonic pricing model, our research is twofold: One, we attempt to statistically estimate the market premium greenfield sites have over brownfield and possibly grayfield sites; and two, we analyze the West Eugene and Springfield Enterprise Zones’ ability to increase the value for these sites. Our results indicate that there is no statistical evidence of a greenfield premium. Further, there is no evidence of brownfield properties selling at discounts relative to other parcels. The Enterprise Zone itself appears to have a negative impact on industrial properties selling prices.
Description: 36 p. An Honors Paper presented to the Department of Economics in 2006. Adviser: Bruce Blonigen
URI: http://hdl.handle.net/1794/2929
Date: 2006-06


Files in this item

Files Size Format View
06honorsBricker-Simantel.pdf 258.2Kb PDF View/Open
06Bricker-Simentel.ppt 1.096Mb Microsoft PowerPoint View/Open

This item appears in the following Collection(s)

Show full item record