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The Effect of Ontario's Greenbelt on the Price of Vacant Farmland

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  • B. James Deaton
  • Richard J. Vyn

Abstract

type="main" xml:lang="fr"> Une régression hédonique des propriétés évalue le coefficient de l’écart des différences afin de déterminer les répercussions du zonage dans la ceinture de verdure de l’Ontario sur le prix des terres agricoles vacantes dans la région du Grand Toronto (RGT). Les résultats de notre analyse de plus de cinq cent ventes de propriété au cours de la période de 2002 à 2009 montrent que la valeur des terres agricoles situées à proximité de zones urbaines augmente moins rapidement lorsque ces terres sont situées à l'intérieur plutôt qu’à l'extérieur de la ceinture de verdure. Toutefois, la signification statistique de ces résultats est sensible à l'exclusion des petites parcelles et aux hypothèses concernant l'endogénéité.

Suggested Citation

  • B. James Deaton & Richard J. Vyn, 2015. "The Effect of Ontario's Greenbelt on the Price of Vacant Farmland," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(2), pages 185-208, June.
    • Handle: RePEc:bla:canjag:v:63:y:2015:i:2:p:185-208
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    File URL: http://hdl.handle.net/10.1111/cjag.12045
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    References listed on IDEAS

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    Cited by:

    1. B. James Deaton & Chad Lawley, 2022. "A survey of literature examining farmland prices: A Canadian focus," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(2), pages 95-121, June.
    2. Jae Ik Kim & Jun Yong Hyun & Seom Gyeol Lee, 2019. "The Effects of Releasing Greenbelt Restrictions on Land Development in the Case of Medium-Sized Cities in Korea," Sustainability, MDPI, vol. 11(3), pages 1-14, January.
    3. Siu, Wai Yan & Akhundjanov, Sherzod B., 2020. "Fracking Boom and Agricultural Doom: Evidence from Kern County, California," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304255, Agricultural and Applied Economics Association.
    4. Richard J. Vyn & Max Zongyuan Shang, 2021. "Prices paid for farmland in Ontario: Does buyer type matter?," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(1), pages 59-72, March.
    5. Chad Lawley, 2020. "Potential impacts of COVID‐19 on Canadian farmland markets," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(2), pages 245-250, June.
    6. Richard J Vyn & James Rude, 2020. "The Influence of Supply Management on Farmland Values in Ontario," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(4), pages 815-834, December.

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