The effect of farmland preservation programs on farmland prices

American Journal of Agricultural Economics

Volumn 83, Issue 2, 2001, Pages 341-351

  Nickerson, Cynthia J ^a   Lynch, Lori ^b  

^a Resources Division at the Economic Research Service   (United States)

^b UNIVERSITY OF MARYLAND   (United States)

Author keywords

Farmland preservation; Farmland prices; Hedonic models; Land values; Sample selection

Indexed keywords

DEVELOPMENT CONTROL; LAND MARKET; PRICE DYNAMICS; RURAL ECONOMY;

UNITED STATES;

EID: 0034996340     PISSN: 00029092     EISSN: None     Source Type: Journal    
DOI: 10.1111/0002-9092.00160     Document Type: Article

References (28)

1. American Farmland Trust (AFT). "Status of State PACE Programs: Fact Sheet." American Farmland Trust, Washington D.C. (1999).
2. Anderson, J.E. "State Tax Credits and Land Use: Policy Analysis of Circuit-Breaker Effects." Resour. Energy Econ. 15(September 1993):295-312.
3. Anderson, J.E., and H.D. Bunch. "Agricultural Property Tax Relief: Tax Credits, Tax Rates, and Land Values." Land Econ. 65(February 1989):13-22.
4. Beaton, W.P. "The Impact of Regional Land-Use Controls on Property Values: The Case of the New Jersey Pinelands." Land Econ. 67(May 1991):172-94.
5. Berndt, E.R. The Practice of Econometrics. Reading MA: Addison-Welsey Publising Co., 1991.
6. Bockstael, N.E. "Modeling Economics and Ecology: The Importance of a Spatial Perspective." Amer. J. Agr. Econ 78(December 1996): 1168-80.
7. Bockstael, N., and K. Bell. "Land-Use Patterns and Water Quality: The Effect of Differential Land Management Controls." Conflict and Cooperation on Trans-Boundary Water Resources. R.E. Just and S. Netanyahu, eds. Boston: Kulwer Academic Publishers, 1998.
8. Bockstael, N., and E. Irwin. "Modeling Change in the Pattern of Land Use: A Discussion of Spatial Models and Models of Spatial Processes." Working Paper 97-08. Dep. of Agr. and Resour. Econ., University of Maryland, College Park, MD.
9. Blakely, M. "An Economic Analysis of the Effects of Development Rights Purchases on Land Values in King County, Washington." M.S. thesis, Washington State University, 1991.
10. Chicoine, D.L. "Farmland Values at the Urban Fringe: An Analysis of Sale Prices." Land Econ. 57(August 1981):353-62.
11. Council of Economic Advisers. Economic Indicators. U.S. Government Printing Office, 1998.
12. Dadkhah, K.M. "Confidence Interval tor Predictions from a Logarithmic Model." Rev. Econ. Statist. 66(August 1984):257-258.
13. Daniels, T., and D. Bowers. Holding Our Ground: Protecting America's Farms and Farmland. Washington DC: Island Press, 1997.
14. Danskin, M. "Conservation Easement Violations: Results from a Study of Land Trusts." Land Trust Alliance Exchange, winter edition (2000).
15. Elad, R.L., I.D. Clifton, and J.E. Epperson. "Hedonic Estimation Applied to the Farmland Market in Georgia." J. Agr. Appl. Econ. 16(December 1994):351-66.
16. Gale, H.F. "Why Did the Number of Young Farm Entrants Decline?" Amer. J. Agr. Econ. 75(Fehruary 1993): 138-46.
17. nd ed. Englewood Cliffs. NJ: Prentice-Hall, 1993.
18. Henneberry, D.M. and R.L. Barrows. "Capitalization of Exclusive Agricultural Zoning into Farmland Prices." Land Econ. 66(August 1990):249-58.
19. Kelejian, H.H., and I.R. Prucha. "On the Asymptotic Distribution of the Moran I Test Statistic with Applications." Manuscript, Department of Economics, University of Maryland, 1999.
20. Kline, J., and D. Wichelns. "Using Referendum Data to Characterize Public Support for Purchasing Development Rights to Farmland." Land Econ. 70(May 1994):223-33.
21. _ "Public Preferences Regarding the Goals of Farmland Preservation Programs." Land Econ. 72(November 1996):538-49.
22. Maddala, G.S. Limited-Dependent and Qualitative Variables in Econometrics. Cambridge UK: Cambridge University Press, 1983.
23. Maryland Department of State Planning (MDSP). "Natural Soil Groups Technical Report." HUD Project Number MD-P-1008-100, 1973.
24. McMillen, D.P., and J.F. McDonald. "Selectivity Bias in Urban Land Value Functions." Land Econ. 65(November 1989):341-51.
25. Palmquist, R.B., and L.E. Danielson. "A Hedonic Study of the Effects of Erosion Control and Drainage on Farmland Values." Amer. J. Agr. Econ. 71(February 1989):55-62.
26. Pasour, E.C., Jr. "The Captilization of Real Property Taxes Levied on Farm Real Estate." Amer J. Agr. Econ. (February 1975):539-48.
27. Shi, Y.J., T.T. Phipps, and D. Cotyer. "Agriculture Land Values Under Urbanizing Influences." Land Econ. 73(February 1997):90-100.
28. Vitaliano, D.F., and C. Hill. "Agricultural Districts and Farmland Prices." J. Real Estate Finan. 8(May 1994):213-23.