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Farmland Retention Techniques: Property Rights Implications and Comparative Evaluation

  • Joshua M. Duke
  • Lori Lynch

A conceptual framework distinguishes farmland retention institutions and with a survey of various literatures, interviews, and original policy design, classifies 28 techniques in four types: regulatory, incentive-based, governmental-participatory, and hybrid. The analysis reveals that techniques often perceived to be incentive-based, such as PDR/PACE and TDR, are better understood as participatory and hybrid techniques, respectively. Likely fiscal impacts, stakeholder acceptability, and implementation challenges are assessed. The framework suggests that when governments select multiple techniques, attention should be paid to the implied allocation of property rights to maintain coherent land-use policy and minimize property rights conflicts.

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File URL: http://le.uwpress.org/cgi/reprint/82/2/189
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Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 82 (2006)
Issue (Month): 2 ()
Pages: 189-213

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Handle: RePEc:uwp:landec:v:82:y:2006:i:2:p:189-213
Contact details of provider: Web page: http://le.uwpress.org/

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  1. David L. Chicoine & Steven T. Sonka & Robert D. Doty, 1982. "The Effects of Farm Property Tax Relief Programs on Farm Financial Conditions," Land Economics, University of Wisconsin Press, vol. 58(4), pages 516-523.
  2. 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.
  3. Duke, Joshua M. & Malcolm, Scott A., 2003. "Legal risk in agriculture: right-to-farm laws and institutional change," Agricultural Systems, Elsevier, vol. 75(2-3), pages 295-303.
  4. Vitaliano, Donald F & Hill, Constance, 1994. "Agricultural Districts and Farmland Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 8(3), pages 213-23, May.
  5. Lori Lynch & Wesley N. Musser, 2001. "A Relative Efficiency Analysis of Farmland Preservation Programs," Land Economics, University of Wisconsin Press, vol. 77(4), pages 577-594.
  6. Scott Malcolm & Joshua Duke & John Mackenzie, 2005. "Valuing rights of first refusal for farmland preservation policy," Applied Economics Letters, Taylor & Francis Journals, vol. 12(5), pages 285-288.
  7. Jeffrey Kline & Dennis Wichelns, 1994. "Using Referendum Data to Characterize Public Support for Purchasing Development Rights to Farmland," Land Economics, University of Wisconsin Press, vol. 70(2), pages 223-233.
  8. Andreas Lange & John A. List & Michael K. Price, 2004. "Using Tontines to Finance Public Goods: Back to the Future?," NBER Working Papers 10958, National Bureau of Economic Research, Inc.
  9. 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.
  10. Lori Lynch & Sabrina J. Lovell, 2003. "Combining Spatial and Survey Data to Explain Participation in Agricultural Land reservation Programs," Land Economics, University of Wisconsin Press, vol. 79(2), pages 259-276.
  11. Phipps, Tim, 1983. "Landowner Incentives to Participate in a Purchase of Development Rights Program with Application To Maryland," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 12(1:).
  12. Vatn Arild & Bromley Daniel W., 1994. "Choices without Prices without Apologies," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 129-148, March.
  13. Paul Thorsnes & Gerald P. W. Simons, 1999. "Letting The Market Preserve Land: The Case For A Market-Driven Transfer Of Development Rights Program," Contemporary Economic Policy, Western Economic Association International, vol. 17(2), pages 256-266, 04.
  14. Duke, Joshua M. & Aull-Hyde, Rhonda, 2002. "Identifying public preferences for land preservation using the analytic hierarchy process," Ecological Economics, Elsevier, vol. 42(1-2), pages 131-145, August.
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