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What Have We Learned from Over 20 Years of Farmland Amenity Valuation Research in North America?

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  • John C. Bergstrom
  • Richard C. Ready

Abstract

At least thirty studies have been conducted in North America over the last twenty-plus years that measure amenity values generated by farmland. A review of these studies provides evidence that estimated farmland amenity values are sensitive to increasing acreage, regional scarcity, alternative land use(s), public accessibility, productivity quality, human food plants, active farming, and intensive agriculture. Farmland amenity values are also sensitive to socio-demographic characteristics of beneficiaries. Inconclusive evidence is provided with respect to the effects of distance, agricultural land use, unique landscape features, property rights, and nonfarmland amenity substitutes. Implications of these results for future farmland amenity valuation research are discussed. Copyright 2009, Oxford University Press.

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Bibliographic Info

Article provided by Agricultural and Applied Economics Association in its journal Review of Agricultural Economics.

Volume (Year): 31 (2009)
Issue (Month): 1 ()
Pages: 21-49

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Handle: RePEc:oup:revage:v:31:y:2009:i:1:p:21-49

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Cited by:
  1. Moon, Wanki, 2010. "Multifunctional Agriculture, Protectionism, And Prospect Of Trade Liberalization," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 33(2), July.
  2. Moon, Wanki, 2012. "Conceptualizing Multifunctional Agriculture from a Global Perspective," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119751, Southern Agricultural Economics Association.
  3. Moon, Wanki & Griffith, Jacob Wayne, 2011. "Assessing holistic economic value for multifunctional agriculture in the US," Food Policy, Elsevier, vol. 36(4), pages 455-465, August.
  4. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
  5. Dayton Lambert & Christopher Clark & Michael Wilcox & Seong-Hoon Cho, 2011. "Distance, density, local amenities, and suburban development preferences in a rapidly growing East Tennessee county," Agriculture and Human Values, Springer, vol. 28(4), pages 519-532, December.
  6. Bauer, Dana M. & Johnston, Robert J., 2013. "Foreword: The Economics of Rural and Agricultural Ecosystem Services: Purism versus Practicality," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 42(1), April.
  7. Coisnon, Thomas & Oueslati, Walid & Salanié, Julien, 2014. "Urban sprawl occurrence under spatially varying agricultural amenities," Regional Science and Urban Economics, Elsevier, vol. 44(C), pages 38-49.
  8. Hom Nath Gartaula & Pashupati Chaudhary & Kamal Khadka, 2014. "Land Redistribution and Reutilization in the Context of Migration in Rural Nepal," Land, MDPI, Open Access Journal, vol. 3(3), pages 541-556, June.

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