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Estimating Amenity Benefits of Coastal Farmland

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Abstract

This paper investigates differences in non-market farmland amenity values estimated using distinct methodologies, with a focus on the potential causes and policy implications. The paper compares farmland amenity values generated by a hedonic property value model and a contingent choice model, both estimated from data collected in the Peconic Estuary System of Suffolk County, NY. The analysis demonstrates that a combination of non-market valuation methodologies can provide policy insights not otherwise available to those relying on any single approach, and illustrates types of information that may be obscured by methodologies used in isolation. Copyright 2001 Gatton College of Business and Economics, University of Kentucky.

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  • Robert J. Johnston, 2001. "Estimating Amenity Benefits of Coastal Farmland," Growth and Change, Wiley Blackwell, vol. 32(3), pages 305-325.
  • Handle: RePEc:bla:growch:v:32:y:2001:i:3:p:305-325
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    Cited by:

    1. Lizin, Sebastien & Van Passel, Steven & Schreurs, Eloi, 2015. "Farmres' Perceived Cost of Land Use restrictions: A Simulated Purchasing Decision Using Dscrete Choice Experiments," 2015 Conference, August 9-14, 2015, Milan, Italy 212054, International Association of Agricultural Economists.
    2. Ann Hodgkinson & Abbas Valadkhani, 2009. "Community Valuations of Environmental Quality in Coastal Lakes: Lake Illawarra Case Study," Economic Papers, The Economic Society of Australia, vol. 28(2), pages 155-168, June.
    3. Bauer, Dana & Liu, Pengfei & Swallow, Stephen K. & Johnston, Robert J., 2013. "Do Exurban Communities Want More Development?," Working Papers 25, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    4. Johnston, Robert J. & Duke, Joshua M. & Kukielka, Jessica B., 2008. "Optimizing Farmland Preservation Choices Across Communities and Jurisdictional Scales: To What Extent are Amenity Values and Selection Criteria Transferable?," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6243, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Bauer, Dana Marie & Swallow, Stephen K., 2005. "Allocation of Land at the Rural-Urban Fringe Using a Spatially-Realistic Ecosystem Constraint," 2005 Annual meeting, July 24-27, Providence, RI 19394, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Waltert, Fabian & Schl├Ąpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
    7. 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.
    8. Randall S. Rosenberger & Robert J. Johnston, 2009. "Selection Effects in Meta-Analysis and Benefit Transfer: Avoiding Unintended Consequences," Land Economics, University of Wisconsin Press, vol. 85(3), pages 410-428.
    9. Seong-Hoon Cho & Dayton M. Lambert & Roland K. Roberts, 2010. "Forecasting Open Space with a Two-Rate Property Tax," Land Economics, University of Wisconsin Press, vol. 86(2), pages 263-280.
    10. repec:eee:jeeman:v:85:y:2017:i:c:p:110-129 is not listed on IDEAS
    11. Ma, Shan & Swinton, Scott M., 2011. "Valuation of ecosystem services from rural landscapes using agricultural land prices," Ecological Economics, Elsevier, vol. 70(9), pages 1649-1659, July.
    12. Duke, Joshua M. & Borchers, Allison M. & Johnston, Robert J. & Absetz, Sarah, 2012. "Sustainable agricultural management contracts: Using choice experiments to estimate the benefits of land preservation and conservation practices," Ecological Economics, Elsevier, vol. 74(C), pages 95-103.
    13. Fabian Waltert & Felix Schlaepfer, 2007. "The role of landscape amenities in regional development: a survey of migration, regional economic and hedonic pricing studies," SOI - Working Papers 0710, Socioeconomic Institute - University of Zurich.

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