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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- Jussi Lankoski & Erik Lichtenberg & Markku Ollikainen, 2010.
"Agri-Environmental Program Compliance in a Heterogeneous Landscape,"
Environmental & Resource Economics,
Springer;European Association of Environmental and Resource Economists, vol. 47(1), pages 1-22, September.
- Lankoski, Jussi E. & Lichtenberg, Erik & Ollikainen, Markku, 2008. "Agri-Environmental Program Compliance in a Heterogeneous Landscape," Working Papers 37797, University of Maryland, Department of Agricultural and Resource Economics.
- Barry Falk & Bong-Soo Lee, 1998. "Fads versus Fundamentals in Farmland Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(4), pages 696-707.
- Lichtenberg, Erik, 2000.
"Agriculture And The Environment,"
28567, University of Maryland, Department of Agricultural and Resource Economics.
- 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.
- Barry K. Goodwin & Ashok K. Mishra & François N. Ortalo-Magné, 2003. "What's Wrong with Our Models of Agricultural Land Values?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(3), pages 744-752.
- Jussi Lankoski & Markku Ollikainen, 2003. "Agri-environmental externalities: a framework for designing targeted policies," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 30(1), pages 51-75, March.
- Joe Dewbre & Jesús Antón & Wyatt Thompton, 2001. "The Transfer Efficiency and Trade Effects of Direct Payments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1204-1214.
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