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Farmland preservation programs compensate landowners who enroll for the value lost due to the the restrictions on development applied to their land. These restrictions in principle decrease the value of the land. Yet few studies have found strong statistical evidence that preserved parcels sell...
Persistent link: https://www.econbiz.de/10005797948
Using a unique spatial database, a hedonic model is developed to estimate the value to nearby residents of open space purchased through agricultural preservation programs in three Maryland counties. After correcting for endogeneity and spatial autocorrelation, the estimated coefficients are used...
Persistent link: https://www.econbiz.de/10005801409
This research estimates a hazard model of forest conversion in southern Mexico using geographical information systems, household survey data, and satellite imagery. A utility-maximizing model consistent with agricultural frontier conditions is developed. The econometric methodology incorporates...
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Plant invasions and their impact on land use pose difficult research questions, due to the complex relationships between the ecological nature of the invasion and the human responses to the invasion. This paper focuses on the linkages between an invasion of bracken fern and land use decisions in...
Persistent link: https://www.econbiz.de/10005320527
As many local and state governments in the United States grapple with increasing growth pressures, the need to understand the economic and institutional factors underlying these pressures has taken on added urgency. From an economic perspective, individual land use decisions play a central role...
Persistent link: https://www.econbiz.de/10005320580
An implication of the von Liebig hypothesis is that crop-production functions have right-angle isoquants. This article presents a nonparametric estimation of right-angle isoquant production functions. It then describes a new test for right-angle isoquants. The procedures are used to test...
Persistent link: https://www.econbiz.de/10005324852
Tropical deforestation is significant to a range of themes that have relevance for the study of environmental change and economic development, including global warming, land degradation, species extinction, and sustainability issues. Recognition that both the location and pattern of forest...
Persistent link: https://www.econbiz.de/10005330784