Graduate Project
 

Investing in stability : an assessment of the tertiary effects of Oregon’s seismic rehabilitation grant project

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https://ir.library.oregonstate.edu/concern/graduate_projects/zp38wj155

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  • Geological scientists have predicted an impending massive earthquake is likely to occur on the North Pacific Coast of the US. In response to the warnings of impending disaster, the State of Oregon has implemented several disaster preparedness measures, including the Seismic Rehabilitation Grant Project (SRGP), a grant dispersed to public school buildings in an effort to mitigate lives lost in the event of large-scale seismic activity. By following the dispersal of this grant, I perform a test the primary hypotheses of Charles Tiebout’s “Theory of Local Expenditures,” specifically the assertion that public services afforded to an area will increase desirability of the area. This was tested through a longitudinal analysis of home prices in neighborhoods in which the local school has received the SRGP funds, and will be compared to the changes over the same time in house prices of similar neighborhoods. From this test, an average increase in home values of 3.7% was found in areas that contained school buildings that received funds from the SRGP. These findings pose normative questions of how governments ought to act, including variation in differently sized governmental bodies.
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file details Filimoehala Sione .pdf 2017-11-08 Pubblico Scaricare