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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), October.
  • Handle: RePEc:ags:arerjl:31438
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    File URL: http://purl.umn.edu/31438
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    1. 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.
    2. Reiling, Stephen D. & Boyle, Kevin J. & Cheng, Hsiang-Tai & Phillips, Marcia L., 1989. "Contingent Valuation Of A Public Program To Control Black Flies," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 18(2), October.
    3. W. L. Adamowicz, 1991. "Valuation of Environmental Amenities1," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 39(4), pages 609-618, December.
    4. Adamowicz, Wiktor L., 1991. "Valuation of Environmental Amenities," Staff Paper Series 232500, University of Alberta, Department of Resource Economics and Environmental Sociology.
    5. 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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    Citations

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    Cited by:

    1. Lynch, Lori & Duke, Joshua M., 2007. "Economic Benefits of Farmland Preservation: Evidence from the United States," Working Papers 7342, University of Maryland, Department of Agricultural and Resource Economics.
    2. Hailu, Yohannes G. & Brown, Cheryl, 2006. "A Spatial Simultaneous Growth Equilibrium Modeling of Agricultural Land Development in the Northeast United States," 2006 Annual meeting, July 23-26, Long Beach, CA 21082, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Hailu, Yohannes G. & Brown, Cheryl, 2007. "Regional Growth Impacts on Agricultural Land Development: A Spatial Model for Three States," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), April.
    4. Duke, Joshua M. & Johnston, Robert J., 2006. "Systematic Influences of Policy Implementation and Conservation Agents on Willingness to Pay for Land Preservation," 2006 Annual meeting, July 23-26, Long Beach, CA 21234, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Kan, Iddo & Haim, David & Rapaport-Rom, Mickey & Shechter, Mordechai, 2009. "Environmental amenities and optimal agricultural land use: The case of Israel," Ecological Economics, Elsevier, vol. 68(6), pages 1893-1898, April.
    6. Elena G. Irwin, 2002. "The Effects of Open Space on Residential Property Values," Land Economics, University of Wisconsin Press, vol. 78(4), pages 465-480.
    7. Bergstrom, John C., 1998. "Exploring And Expanding The Landscape Values Terrain," Faculty Series 16653, University of Georgia, Department of Agricultural and Applied Economics.
    8. Pavel CIAIAN & Sergio GOMEZ y PALOMA, 2011. "The Value of EU Agricultural Landscape," JRC Working Papers JRC65456, Joint Research Centre (Seville site).
    9. Mara Thiene & Yacov Tsur, 2013. "Agricultural Landscape Value and Irrigation Water Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(3), pages 641-653, September.
    10. repec:eee:ecolec:v:149:y:2018:i:c:p:12-20 is not listed on IDEAS
    11. Bergstrom, John C., 2001. "The Role and Value of Natural Capital in Regional Landscapes," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 33(02), pages 283-296, August.
    12. Yohannes Hailu & Cheryl Brown, 2007. "Agricultural Land Development in the Northeast United States: A Spatial Simultaenous Growth Equilibrium Model," Working Papers Working Paper 2007-02, Regional Research Institute, West Virginia University.
    13. Joshua Duke & Lori Lynch, 2007. "Gauging support for innovative farmland preservation techniques," Policy Sciences, Springer;Society of Policy Sciences, vol. 40(2), pages 123-155, June.
    14. Desvousges, William & Mathews, Kristy & Train, Kenneth, 2012. "Adequate responsiveness to scope in contingent valuation," Ecological Economics, Elsevier, vol. 84(C), pages 121-128.
    15. Hellerstein, Daniel & Nickerson, Cynthia J. & Cooper, Joseph C. & Feather, Peter & Gadsby, Dwight M. & Mullarkey, Daniel J. & Tegene, Abebayehu & Barnard, Charles H., 2002. "Farmland Protection: The Role Of Public Preferences For Rural Amenities," Agricultural Economics Reports 33963, United States Department of Agriculture, Economic Research Service.
    16. Batie, Sandra S., 2003. "The Multifunctional Attributes of Northeastern Agriculture: A Research Agenda," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 32(1), April.
    17. Aliza Fleischer & Yacov Tsur, 2005. "The Amenity Value of Agricultural Landscape and Rural-Urban Land Allocation," ERSA conference papers ersa05p55, European Regional Science Association.
    18. Jaeger, William K., 2006. "The hidden costs of relocating sand and gravel mines," Resources Policy, Elsevier, vol. 31(3), pages 146-164, September.
    19. Bergstrom, John C., 2001. "Postproductivism And Rural Land Values," Faculty Series 16689, University of Georgia, Department of Agricultural and Applied Economics.
    20. Poudyal, Neelam C. & Hodges, Donald G. & Tonn, Bruce & Cho, Seong-Hoon, 2009. "Valuing diversity and spatial pattern of open space plots in urban neighborhoods," Forest Policy and Economics, Elsevier, vol. 11(3), pages 194-201, May.
    21. Aliza Fleischer & Yacov Tsur, 2009. "The Amenity Value of Agricultural Landscape and Rural-Urban Land Allocation," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 132-153.
    22. Skaggs, Rhonda K. & Harper, Wilmer M., 1999. "Predicting Land Purchase Behavior In A Fast Growth, Intensely Agricultural County," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35711, Western Agricultural Economics Association.

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    Keywords

    Land Economics/Use;

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