Hynix

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Hynix

• A Case Study on Development Incentives
• Jennifer Witt Melinda Rowan

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Motivation

• Since Hynix announced its plans to build a
  factory in Eugene, the public costs and benefits
  of their presence has been debated.
• With no official study on Hynixs fiscal impact,
  it is difficult for government organizations to
  judge the cost effectiveness of attracting Hynix
  to the West Eugene enterprise zone.
• Furthermore, with few studies judging the impacts
  of development incentives, such as those offered
  by the West Eugene enterprise zone, we felt that
  this study could be used as a guide for those
  interesting in analyzing the fiscal implications
  of future efforts to attract new investment.

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Total Economic Impact(standard methodology)
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The Property Value Effects of the South Ridgeline
Trail

• By
• Jared Durham
• Dane Jensen

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Methodology Hedonic Pricing

• Hedonic Price model attempts to assign values to
  various amenities that markets dont capture
• Model assumes
• People have full information of various housing
  alternatives when buying a house
• People are free to buy a house where they want
  and can increase any characteristic of a house
  that they wish by finding other locations with
  more of it
• Property values are attributable to a bundle of
  characteristics

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Table 3 Regression Models
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Empirical Results

• All models are consistent in the signs of their
  coefficients across all functional forms
• A decrease in value of approximately 6.77 for
  every additional foot from nearest trailhead
• A decrease in value of approximately 0.10 for
  every 1 increase in distance.
• Estimated property value increases range from 80
  to 300 million
• Estimated property tax revenue increases range
  from 0.64 to 4.5 million

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