Date of Award
Master of Arts
Dr. Jim Biles
Dr. Gregory Veeck
Dr. Charles W. Emerson
Masters Thesis-Open Access
The controversy over the influence of nuclear power plants on property values is a continual debate among communities (Clark et al. 1997). I will be looking at a sample of 400 residential houses within a twelve-mile radius of the Palisades Nuclear Power Plant in Covert, Michigan to see how the location of the plant influences the home sale price. Several structural, neighborhood, and demographic characteristics were complied for the analysis. In addition to these characteristics, distance to the plant, a visibility component, and a dummy variable to indicate all properties within a quarter mile from the Lake Michigan shoreline were also included in the dataset.
Variogram models, kriging models, and hedonic regression models will be used to assess the data. These methodologies will help determine what factors influence the sale price of residential properties surrounding the Palisades nuclear power plant.
Blodgett, "Influence of the Palisades Nuclear Power Plant on Residential Housing Prices" (2004). Master's Theses. 3986.