Impacts of Agri-Environmental Policies on Land Allocation and Prices
We used Ricardian framework with heterogeneous land quality to analyse how policies used to support farm incomes, reduce negative agri-environmental externalities and enhance the provision of positive externalities influence land allocation decisions and land prices. Four agri-environmental policy instruments are considered: a uniform area payment, a quality-dependent area payment, a mandatory buffer strip policy and a voluntary buffer strip payment. We also analyse how general tax and monetary policies may affect agricultural land prices. The theoretical framework is illustrated by an application to Finnish agriculture.
|Date of creation:||2005|
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- Lichtenberg, Erik, 2002.
"Agriculture and the environment,"
Handbook of Agricultural Economics,
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"Agri-Environmental Program Compliance in a Heterogeneous Landscape,"
37797, University of Maryland, Department of Agricultural and Resource Economics.
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- Golden, Bill B. & Featherstone, Allen M., 2003. "Determinants Of Kansas Agricultural Land Values," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35033, Southern Agricultural Economics Association.
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