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- Title
INTEGRATING GIS AND REPEAT SALE ANALYSIS TO ASSESS THE IMPACTS OF FRACKING ACTIVITIES ON THE HOUSING SALE VALUES IN GREENE COUNTY, PENNSYLVANIA.
- Authors
Ghosh, Sudeshna
- Abstract
Rapid growth of natural gas drilling from Marcellus Shale since 2005 led to possibilities of boom-town emergence in rural Pennsylvania. Historically, many small towns and rural communities in Pennsylvania that depended on natural resource extraction, such as coal and gas, have been vulnerable to cycles of economic and population growth and decline. The recent proliferations of Marcellus Shale wells and related economic activities are expected to have significant local growth and development impacts. In this paper, I examine the impacts of fracking activities on the housing sale value changes in Greene County, PA. I apply repeat sale analysis and spatial statistical analysis to evaluate the temporal and spatial patterns of sale value changes in Greene County. The findings show that mean housing sale values have increased in Greene County since 2005, and these changes are spatially clustered around the relatively larger towns. The rural areas associated with intense extraction activities did not witness significant changes in housing sale values, which implies the need for local policies to stimulate long-term community development benefits and reduce the challenges of risks associated with future bust cycles.
- Subjects
GREENE County (Pa.); PENNSYLVANIA; HYDRAULIC fracturing; HOME sales; GEOGRAPHIC information systems; GAS well drilling; NATURAL gas; SHALE gas; COMMUNITY development
- Publication
Pennsylvania Geographer, 2016, Vol 54, Issue 1, p19
- ISSN
0553-5980
- Publication type
Article