Examining for Evidence of the Leapfrog Effect in the Context of Strict Agricultural Zoning
AbstractWhile strict agricultural zoning policies, or greenbelts, are implemented to reduce urban sprawl, such policies may result in the leapfrog effect, which could cause sprawl to extend further. This paper outlines a theoretical explanation for the occurrence of the leapfrog effect due to development restrictions imposed by agricultural zoning. This theory is then applied empirically to a setting where agricultural zoning has been implemented: Ontario’s Greenbelt. The results provide evidence that the leapfrog effect has occurred around the Greenbelt, as farmland values just beyond the outer boundary have increased. Extensive sensitivity analysis supports this result.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 88 (2012)
Issue (Month): 3 ()
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Web page: http://le.uwpress.org/
Find related papers by JEL classification:
- Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
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- Jean-Sauveur Ay & Laure Latruffe, 2013.
"The empirical content of the present value model: a survey of the instrumental uses of farmland prices,"
Working Papers, Institut National de la Recherche Agronomique, France
209441, Institut National de la Recherche Agronomique, France.
- Latruffe , Laure & Ay, Jean-Sauveur, 2013. "The Empirical Content of the Present Value Model: A survey of the instrumental uses of farmland prices," Factor Markets Working Papers, Centre for European Policy Studies 165, Centre for European Policy Studies.
- Ay, Jean-Sauveur & Latruffe, Laure, 2013. "The Empirical Content of the Present Value Model: A survey of the instrumental uses of farmland prices," Working Papers, Factor Markets, Centre for European Policy Studies 157112, Factor Markets, Centre for European Policy Studies.
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