Net Buyers, Net Sellers, and Agricultural Landowner Support for Agricultural Zoning
Agricultural zoning and land use restrictions are long-standing approaches for controlling non-agricultural development. Agricultural landowners may contest agricultural zoning if they expect zoning to reduce land prices on restricted land. However, it is common to find agricultural landowners on both sides of this issue. A prevailing economic explanation for variation in landowner support is that the price effect of zoning varies across land parcels and therefore, zoning may increases the value of some lands zoned for agricultural use. In this paper, we provide an additional explanation for variation in agricultural landowner support. We use the concepts of net buyers and net sellers of land to suggest that the utility effect of changing land prices depends on an agricultural landowner's position in the agricultural land market. Hence, even in situations where all agricultural landowners expect zoning to reduce agricultural land prices, some subset of agricultural landowners - i.e., net buyers - may benefit. Survey data from agricultural landowners is used to model the probability that an agricultural landowner will support agricultural zoning. The empirical findings are consistent with our hypothesis that net buyers and net sellers of agricultural land will differ in their support for agricultural zoning.
|Date of creation:||2005|
|Date of revision:|
|Contact details of provider:|| Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202|
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Deaton, Brady J., Jr. & Norris, Patricia E., 2001. "Factors Influencing Support For Rural Land Use Control : A Comment," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 30(2), October.
- Cooley, Thomas F. & LaCivita, C. J., 1982. "A theory of growth controls," Journal of Urban Economics, Elsevier, vol. 12(2), pages 129-145, September.
- David M. Henneberry & Richard L. Barrows, 1990. "Capitalization of Exclusive Agricultural Zoning into Farmland Prices," Land Economics, University of Wisconsin Press, vol. 66(3), pages 249-258.
- Jeremy Groves & Eric Helland, .
"Zoning and the Distribution of Locational Rents: An Empirical Analysis of Harris County Texas,"
Claremont Colleges Working Papers
2000-15, Claremont Colleges.
- Jeremy R. Groves & Eric Helland, 2002. "Zoning and the Distribution of Location Rents: An Empirical Analysis of Harris County, Texas," Land Economics, University of Wisconsin Press, vol. 78(1), pages 28-44.
- Halstead, John M., 1984. "Measuring the Nonmarket Value of Massachusetts Agricultural Land: A Case Study," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 13(1:), April.
- Elena G. Irwin & Nancy E. Bockstael, 2001. "The Problem of Identifying Land Use Spillovers: Measuring the Effects of Open Space on Residential Property Values," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 698-704.
- François Vaillancourt & Luc Monty, 1997. "The Effect of Agricultural Zoning on Land Prices, Quebec, 1975-1981," Land Economics, University of Wisconsin Press, vol. 62(1), pages 36-42.
When requesting a correction, please mention this item's handle: RePEc:ags:aaea05:19391. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.