Fezzi, Carlo; Bateman, Ian J.; Day, Brett H.; Posen, … - European Association of Agricultural Economists - EAAE - 2008
We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policy changes upon … 2004 integrated with the economic and physical environment determinants of all major agricultural land use types. Our model … performs well in out-of-sample prediction of current land use and we use it to assess a proposed implementation of the Water …