Fragmentation of Agricultural Land Parcels
AbstractThis study seeks to take fragmentation research in a new direction by looking at exurban sprawl and fragmentation of ownership. The primary objective of this study is to identify the location and magnitude of fragmentation of agricultural land parcels sold in Oklahoma. This was accomplished by estimating two different models. The first model regressed a polynomial in time to determine whether or not fragmentation has been increasing over time. While it was hypothesized that parcel size was decreasing, this was not found to be the case. Over the 40 years of data, parcel size was found to only have decreased by one acre. The purpose of the second model was to verify whether or not a location premium exists for small parcels. It was found that a location premium does exist for smaller parcels with parcels in urban counties more likely to receive a premium than those located in more rural counties.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama with number 119774.
Date of creation: 2012
Date of revision:
fragmentation; land values; parcel size; Production Economics;
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- Guiling, Pam & Brorsen, B. Wade & Doye, Damona G., 2007. "How Much Influence Does Recreation Have on Agricultural Land Values?," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34947, Southern Agricultural Economics Association.
- Mervish, Philip & Anderson, David P. & Richardson, James W. & Outlaw, Joe L., 2008. "The Impact of Land Fragmentation on Beef Cattle Inventory," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6816, Southern Agricultural Economics Association.
- Delbecq, Benoit A. & Florax, Raymond J.G.M., 2010. "Farmland Allocation along the Rural-Urban Gradient: The Impacts of Urbanization and Urban Sprawl," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61723, Agricultural and Applied Economics Association.
- Heimlich, Ralph E. & Anderson, William D., 2001. "Development At The Urban Fringe And Beyond: Impacts On Agriculture And Rural Land," Agricultural Economics Reports 33943, United States Department of Agriculture, Economic Research Service.
- Vincent E. Breneman & Richard F. Nehring, 2006. "Urban Sprawl and Farmland Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(4), pages 915-929.
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