Amenity benefits and the optimal allocation of land.
A study confirms that agricultural land offers important amenity benefits not accounted for in existing allocations of land for agriculture. Agricultural and demographic data on 216 counties in the northeastern U.S. were analyzed in a supply-demand model; willingness-to-pay information from prior...
| Publicado en: | Land Economics Vol. 70; pp. 53 - 63 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
February 1994
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512387557&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512387557 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: February 1994 vid: 70 pid: 249 pub: University of Wisconsin Press artinfo: ui: 512387557 10.2307/3146440 ppf: 53 ppct: 10 formats: tig: atl: Amenity benefits and the optimal allocation of land. aug: au: Lopez, Rigoberto A. Shah, Farhed A. Altobello, Marilyn A. su: Resource allocation -- Mathematical models Mathematical models of supply & demand Real property Mathematical models Land use sug: subj: Resource allocation -- Mathematical models Mathematical models of supply & demand Real property Mathematical models Land use keyword: Amenities (Real property) ab: A study confirms that agricultural land offers important amenity benefits not accounted for in existing allocations of land for agriculture. Agricultural and demographic data on 216 counties in the northeastern U.S. were analyzed in a supply-demand model; willingness-to-pay information from prior studies was used to derive an amenity benefit function. Regression results suggest that, in highly urbanized areas, land is underallocated to agriculture given existing regulations. Results show that a rise in population reduces the amount of agricultural land. Meanwhile, community willingness-to-pay to preserve agricultural land increases at a declining rate with respect to land. The findings suggest that subsidizing agricultural activities can achieve a socially optimal allocation of land. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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