Urban sprawl and farmland prices

被引：99
|
作者：
Livanis, Grigorios [1 ]
Moss, Charles B.
Breneman, Vincent E.
Nehring, Richard F.
机构：
[1] Warrington Coll Business, Ctr Int Business Educ & Res, Warrington, Cheshire, England
[2] Univ Florida, Dept Food & Resource Econ, Gainesville, FL 32611 USA
来源：
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 2006年 / 88卷 / 04期
关键词：
hedonic determinants; land prices; spatial econometrics; urban sprawl;
D O I：
10.1111/j.1467-8276.2006.00906.x
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
A theoretical model of farmland valuation is developed to explicitly account for three effects of urban sprawl: conversion of farmland to urban uses, effect on agricultural returns, and speculative effect as represented by farmland conversion risk. This model is estimated using county-level data in the continental United States. Evidence is found for all three effects of urban sprawl on farmland values. Counties more accessible to major urban centers have higher net agricultural returns. Subsidiary evidence supports that the latter effect may be attributed to survival of (or conversion to) high-valued agriculture around urban centers.
引用
收藏
页码：915 / 929
页数：15
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