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Estimation Of The Nonmarket Benefits Of Agricultural Land Retention In Eastern Canada

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  • Bowker, James Michael
  • Didychuk, D.D.

Abstract

We assess the nonmarket value for retention of farmland in the Moncton area of New Brunswick. We examine a number of factors explaining household external values for farmland preservation and expand on previous work by Beasley et al., Bergstrom et al., and Halstead. Our findings indicate that the marginal external benefit of preserving farmland in general in this region is small compared to the market price and that spatial embedding is not automatic in contingent valuation studies.

Suggested Citation

  • Bowker, James Michael & Didychuk, D.D., 1994. "Estimation Of The Nonmarket Benefits Of Agricultural Land Retention In Eastern Canada," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-8, October.
    • Handle: RePEc:ags:arerjl:31438
    DOI: 10.22004/ag.econ.31438
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    References listed on IDEAS

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    1. Roberts, Roland K. & Douglas, Peggy V. & Park, William M., 1991. "Estimating External Costs Of Municipal Landfill Siting Through Contingent Valuation Analysis: A Case Study," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(2), pages 1-11, December.
    2. Bergstrom, John C. & Dillman, B. L. & Stoll, John R., 1985. "Public Environmental Amenity Benefits of Private Land: The Case of Prime Agricultural Land," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(1), pages 139-149, July.
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    4. Roberts, Roland K. & Douglas, Peggy V. & Park, William M., 1991. "Estimating External Costs of Municipal Landfill Siting Through Contingent Valuation Analysis: A Case Study," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 23(2), pages 155-166, December.
    5. Halstead, John M., 1984. "Measuring the Nonmarket Value of Massachusetts Agricultural Land: A Case Study," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 13(01), pages 1-8, April.
    6. Kahneman, Daniel & Knetsch, Jack L., 1992. "Valuing public goods: The purchase of moral satisfaction," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 57-70, January.
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    8. Cameron, Trudy Ann & James, Michelle D, 1987. "Efficient Estimation Methods for "Closed-ended' Contingent Valuation Surveys," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 269-276, May.
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