Neighborhood Dynamics and Price Effects of Superfund Site Clean-Up

This report uses census data to analyze the price effects of superfund site clean-up, inclusive of both direct price effects and indirect effects through clean-up's effect on neighborhood demographic transitions and reinvestment in the housing stock. FRC Report 11

Determinants of Historic and Cultural Landmark Designation: Why We Preserve What We Preserve

There is much interest among cultural economists in assessing the effects of heritage preservation policies. There has been less interest in modeling the policy choices made in historic and cultural landmark preservation. This paper builds an economic model of a landmark designation that highlights the tensions between the interests of owners of cultural amenities and the interests of the neighboring community. We perform empirical tests by estimating a discrete choice model for landmark preservation using data from Chicago, combining the Chicago Historical Resources Survey of over 17,000 historic structures with property sales, Census, and other geographic data. The data allow us to explain why some properties were designated landmarks (or landmark districts) and others were not. The results identify the influence of property characteristics, local socio-economic factors, and measures of historic and cultural quality. The results emphasize the political economy of implementing preservation policies.heritage preservation policy, landmark designation

Acoustic Tests of a Flexible Spacecraft Model

Acoustic tests of flexible spacecraft mode

Experimental investigation of three helicopter rotor airfoils designed analytically

Three helicopter rotor airfoils designed analytically were investigated in a wind tunnel at Mach numbers from about 0.30 to 0.90 and Reynolds from about 0.8 to 2.3 x 10 to the 6th power. The airfoils had thickness-to-chord ratios of 0.08, 0.10, and 0.12 with maximum thickness at 40 percent chord. The camber distribution of each section was the same with maximum camber at 35 percent chord. The 10-percent-thick airfoil was also investigated at Reynolds numbers from 4.8 to 9.4 x 10 to the 6th power. The drag divergence Mach number of the 10-percent-thick airfoil is about 0.83 at a normal-force coefficient of 0 and about 0.72 at a normal-force coefficient of 0.6 at Reynolds numbers near 9 x 10 to the 6th power. The maximum normal-force coefficient is slightly less than that of the NACA 0012 airfoil tested in the same facility. The results indicate that a qualitative evaluation of the drag divergence can be made at normal-force coefficients up to the onset of boundary-layer separation by analytically predicting the onset of sonic flow at the airfoil crest. The qualitative results are conservative with respect to experimental values with the experimental drag divergence Mach number up to 0.05 higher than that indicated by analysis

Empowerment Zones, Neighborhood Change and Owner Occupied Housing

This paper examines the effects of a generous, spatially-targeted economic development policy (the federal Empowerment Zone program) on local neighborhood characteristics and on the neighborhood quality of life, taking into account the interactions amongst the policy, changes in neighborhood demographics and neighborhood housing stock. Urban economic theory posits that housing prices in a small area should increase as quality of life increases, because people will be more willing to pay to live in the area, but these changes in prices and quality of life will also affect the demographics of the population through sorting and the housing stock through reinvestment. Using census block-group-level data, we examine how housing prices respond to the Empowerment Zone policy intervention. Changes in the other dimensions of neighborhood quality (demographics and housing stock characteristics) will also help determine the total, or full effect on housing values of the policy intervention. This paper estimates these direct and indirect effects in a simultaneous equations setting, compares indirect and full effects, and examines the robustness of the effects to alternate estimation strategies. We find strong evidence for substantively large and highly significant direct price effects, while results suggest that the indirect effects are substantively small or even negative.economic development, empowerment zones, porperty values, household mobility, sorting

Aerodynamic characteristics of three helicopter rotor airfoil sections at Reynolds number from model scale to full scale at Mach numbers from 0.35 to 0.90

An investigation was conducted in the Langely 6 by 28 inch transonic tunnel to determine the two dimensional aerodynamic characteristics of three helicopter rotor airfoils at Reynolds numbers from typical model scale to full scale at Mach numbers from about 0.35 to 0.90. The model scale Reynolds numbers ranged from about 700,00 to 1,500,000 and the full scale Reynolds numbers ranged from about 3,000,000 to 6,600,000. The airfoils tested were the NACA 0012 (0 deg Tab), the SC 1095 R8, and the SC 1095. Both the SC 1095 and the SC 1095 R8 airfoils had trailing edge tabs. The results of this investigation indicate that Reynolds number effects can be significant on the maximum normal force coefficient and all drag related parameters; namely, drag at zero normal force, maximum normal force drag ratio, and drag divergence Mach number. The increments in these parameters at a given Mach number owing to the model scale to full scale Reynolds number change are different for each of the airfoils

Low speed aerodynamic characteristics of NACA 6716 and NACA 4416 airfoils with 35 percent-chord single-slotted flaps

An investigation was conducted in a low-turbulence pressure tunnel to determine the two-dimensional lift and pitching-moment characteristics of an NACA 6716 and an NACA 4416 airfoil with 35-percent-chord single-slotted flaps. Both models were tested with flaps deflected from 0 deg to 45 deg, at angles of attack from minus 6 deg to several degrees past stall, at Reynolds numbers from 3.0 million to 13.8 million, and primarily at a Mach number of 0.23. Tests were also made to determine the effect of several slot entry shapes on performance

Making – or Picking – Winners: Evidence of Internal and External Price Effects in Historic Preservation Policies

Much has been written identifying property price effects of historic preservation policies. Little attention has been paid to the possible policy endogeneity in hedonic price models. This paper outlines a general case of land use regulation in the presence of externalities and then demonstrates the usefulness of the model in an instrumental-variables estimation of a hedonic price analysis – with an application to historic preservation in Chicago. The theoretical model casts doubt on previous results concerning price effects of preservation policies. The comparative statics identify some determinants of regulation that seem, on the face of it, most unlikely to also belong in a hedonic price equation. The analysis employs these determinants as instruments for endogenous regulatory treatment in a hedonic price analysis. OLS estimation of the hedonic offers results consistent with much of previous literature, namely that property values are higher for historic landmarks. In the 2SLS hedonic, robust estimates of the "own" price effect of historic designation are shown to be large and negative (approx. -27%) for homes in landmark districts. Further, significant and substantively important (positive) external price effects of landmark designations are found. The paper concludes with a discussion of the policy implications of these findings for historic preservation.hedonics, built heritage, heritage valuation, real estate economics

Two-dimensional aerodynamic characteristics of three rotorcraft airfoils at Mach numbers from 0.35 to 0.90

Three airfoils designed for helicopter rotor application were investigated in the Langley 6- by 28-inch Transonic Tunnel to determine the two dimensional aerodynamic characteristics at Mach numbers from 0.34 to 0.88 and respective Reynolds numbers from about 4.4 x 10(6) power to 9.5 x 10(6) power. The airfoils have thickness-to-chord ratios of 0.08, 0.10, and 0.12. Trailing-edge reflex was applied to minimize pitching moment. The maximum normal-force coefficient of the RC(3)-12 airfoil is from 0.1 to 0.2 higher, depending on Mach number M, than that of the NACA 0012 airfoil tested in the same facility. The maximum normal-force coefficient of the RC(3)-10 is about equal to that of the NACA 0012 at Mach numbers to 0.40 and is higher than that of the NACA 0012 at Mach numbers above 0.40. The maximum normal force coefficient of the RC(3)-08 is about 0.19 lower than that of the NACA 0012 at a Mach number of 0.35 and about 0.05 lower at a Mach number of 0.54. The drag divergence Mach number of the RC(3)-08 airfoil at normal-force coefficients below 0.1 was indicated to be greater than the maximum test Mach number of 0.88. At zero lift, the drag-divergence Mach numbers of the RC(3)-12 and the RC(3)-10 are about 0.77 and 0.82, respectively

Neighborhood Dynamics and the Housing Price Effects of Spatially Targeted Economic Development Policy

Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences of the larger metropolitan system on its constituent parts. We model this interplay as a system of reduced-form equations in order to examine the effects of a generous spatially targeted economic development program (the federal Empowerment Zone program) on neighborhood characteristics, especially housing values. This system of equations approach allows us to compute direct effects of the policy intervention as well as the effects mediated through non-price channels such as changes in the housing stock or neighborhood demographics. In the process, we are able to shed light on the rich simultaneity among neighborhood characteristics, including housing prices.economic development, simultaneity