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Demographic, Economic, And Political Determinants Of Land Development In The U.S

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Author Info
Templeton, Scott R.
Abstract

Two reduced-form, econometric models of developed land area were estimated with the data from the USDA’'s National Resource Inventory and numerous other sources for 49 states during 1982-1997. In these linear and semi-quadratic fixed-effects models, developed land area is smaller where the average real gas price or conservation- reserve-program payment per enrolled acre during the previous five years is higher. This area also decreases as the average share of lower-house Democrats or real per-capita agricultural and mining production during the previous five years grows. Increases in a state’'s average population and average annual growth rate of real non-agricultural and non-mining output per capita during the previous five years induce land development. Policies that increase real CRP payments per enrolled acre, improve the real returns to agriculture and mining, reduce population growth, or raise real gasoline prices are likely to reduce land development.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20052.

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Date of creation: 2004
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Handle: RePEc:ags:aaea04:20052

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Keywords: Land Economics/Use;

References listed on IDEAS
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  1. Arnott, Richard J & Lewis, Frank D, 1979. "The Transition of Land to Urban Use," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 161-69, February. [Downloadable!] (restricted)
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  2. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June. [Downloadable!] (restricted)
  3. Reynolds, John E., 2001. "Land Use Change And Competition In The South," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(02), August. [Downloadable!]
  4. Capozza, Dennis R. & Helsley, Robert W., 1989. "The fundamentals of land prices and urban growth," Journal of Urban Economics, Elsevier, vol. 26(3), pages 295-306, November. [Downloadable!] (restricted)
  5. Marlow Vesterby & Ralph E. Heimlich, 1991. "Land Use and Demographic Change: Results from Fast-Growth Counties," Land Economics, University of Wisconsin Press, vol. 67(3), pages 279-291. [Downloadable!] (restricted)
  6. Capozza, Dennis & Li, Yuming, 1994. "The Intensity and Timing of Investment: The Case of Land," American Economic Review, American Economic Association, vol. 84(4), pages 889-904, September. [Downloadable!] (restricted)
  7. Hite, James C., 2001. "Land-Use Change, Resource Competition, And Conflict: Discussion," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(02), August. [Downloadable!]
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