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Factors Affecting Land Trust Agents’ Preferences for Conservation Easements

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  • Cropper, Eric D.
  • McLeod, Donald M.
  • Bastian, Christopher T.
  • Keske, Catherine M.
  • Hoag, Dana L.
  • Cross, Jennifer E.
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    Abstract

    The market for conservation easements provides a way to ensure the continued existence of open space amenities where rural communities face development pressure. The object of this research is to identify factors affecting land trust agents’ preferences for conservation easements and to investigate preference heterogeneity among those potentially involved in easement acquisition. Stated choice surveys were sent to land trusts’ personnel (agents) across the Intermountain West. Models were segmented by attitudinal data from land trust agents regarding their organizations’ provision of ecosystem services versus their sense of place or place attachment when considering conservation easement choices. Four separate random utility models were estimated. Results indicated that preference heterogeneity for conservation easements exists across land trust agent segments. Such knowledge provides insights into factors which may affect potential demands for conservation easements in this evolving market. These outcomes might help public policy makers allocate resources towards land conservation and land use planning.

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    Bibliographic Info

    Article provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.

    Volume (Year): 42 (2012)
    Issue (Month): 2 ()
    Pages:

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    Handle: RePEc:ags:jrapmc:143769

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    Related research

    Keywords: Environmental Economics and Policy; Land Economics/Use;

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    1. Kline, Jeffrey & Wichelns, Dennis, 1998. "Measuring heterogeneous preferences for preserving farmland and open space," Ecological Economics, Elsevier, vol. 26(2), pages 211-224, August.
    2. Edward Morey & Jennifer Thacher & William Breffle, 2006. "Using Angler Characteristics and Attitudinal Data to Identify Environmental Preference Classes: A Latent-Class Model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 34(1), pages 91-115, 05.
    3. Jeffrey Kline & Dennis Wichelns, 1996. "Public Preferences Regarding the Goals of Farmland Preservation Programs," Land Economics, University of Wisconsin Press, vol. 72(4), pages 538-549.
    4. Gwendolyn Aldrich & Kristine Grimsrud & Jennifer Thacher & Matthew Kotchen, 2007. "Relating environmental attitudes and contingent values: how robust are methods for identifying preference heterogeneity?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(4), pages 757-775, August.
    5. Duke, Joshua M. & Aull-Hyde, Rhonda, 2002. "Identifying public preferences for land preservation using the analytic hierarchy process," Ecological Economics, Elsevier, vol. 42(1-2), pages 131-145, August.
    6. Hoag, Dana L. & Bastian, Christopher T. & Keske-Handley, Catherine & McLeod, Donald M. & Marshall, Andrew, 2005. "Evolving Conservation Easement Markets In The West," Western Economics Forum, Western Agricultural Economics Association, vol. 4(01).
    7. Duke, Joshua M. & Ilvento, Thomas W., 2004. "A Conjoint Analysis of Public Preferences for Agricultural Land Preservation," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 33(2), October.
    8. Andrew J. Plantinga & Douglas J. Miller, 2001. "Agricultural Land Values and the Value of Rights to Future Land Development," Land Economics, University of Wisconsin Press, vol. 77(1), pages 56-67.
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