IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v93y2010i1p1-25.html
   My bibliography  Save this article

Do Zoning Regulations Rob Rural Landowners' Equity?

Author

Listed:
  • Xiangping Liu
  • Lori Lynch

Abstract

Zoning regulations are land use control tools used to conserve resource land, limit negative externalities from high density development, and achieve agglomeration benefits from conserving large blocks of land. However, the passage of low-density zoning is often challenged by landowners who claim that through it, they lose their land's equity due to lower land values. We investigate whether low-density zoning impacts rural land value using arm's-length sales in Maryland's nine Eastern Shore counties. Using both a propensity score matching method and an instrumental variable approach, we find that low-density zoning has differentiated impacts. Resource parcels' land values are unaffected, and non-resource parcels' values decrease by 20--50%. Copyright 2010, Oxford University Press.

Suggested Citation

  • Xiangping Liu & Lori Lynch, 2010. "Do Zoning Regulations Rob Rural Landowners' Equity?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(1), pages 1-25.
    • Handle: RePEc:oup:ajagec:v:93:y:2010:i:1:p:1-25
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/ajae/aaq164
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Magliocca, Nicholas & McConnell, Virginia & Walls, Margaret & Safirova, Elena, 2012. "Zoning on the urban fringe: Results from a new approach to modeling land and housing markets," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 198-210.
    2. Xiangping Liu & Lori Lynch, 2011. "Do Agricultural Land Preservation Programs Reduce Farmland Loss? Evidence from a Propensity Score Matching Estimator," Land Economics, University of Wisconsin Press, vol. 87(2), pages 183-201.
    3. Paul Gottlieb, 2013. "Agricultural preservation, large-lot zoning, and real estate development in New Jersey, USA," ERSA conference papers ersa13p513, European Regional Science Association.
    4. Guo, Jianxin & Jin, Songqing & Chen, Lei & Wang, Min & Zhang, Junfeng & Sun, Sufen, 2015. "The Effects of Distance Education on Agricultural Performance and Household Income: Evidence from Suburban Beijing," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205754, Agricultural and Applied Economics Association.
    5. Abbott, Joshua K. & Klaiber, H. Allen, 2011. "The Value Of Water As An Urban Club Good: A Matching Approach To Hoa-Provided Lakes," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103781, Agricultural and Applied Economics Association.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:93:y:2010:i:1:p:1-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.