This paper uses household data from Northeast China to examine the link between investment and land tenure insecurity induced by China’'s system of village-level land reallocation. We quantify expropriation risk using a hazard analysis of individual plot tenures and incorporate the predicted “hazards of expropriation” into an empirical analysis of plot-level investment. Our focus is on organic

POWERPOINT PRESENTATION

Like in many low moor regions in East Germany, long-standing intensive arable farming - enabled by complex melioration - has caused soil deterioration and high water runoff in the 'Schraden'. More than ten years of economic and political transformation has worsened the situation and even added new problems. The visible consequences are drought periods in the summer, waterlogged plots in the spring and worn-down water management facilities that operate in an uncoordinated or even unauthorised way.

This paper analyzes the effects of insecure property rights over land on the functioning of the land rental market in the Dominican Republic. It shows that insecurity of property rights not only reduces the level of activity of the land rental market, but also causes market segmentation. A principal-agent framework is used to model the utility maximization of both the tenant and the landlord, where the landlord accounts for the risk of losing the land when it is not traded within a narrow local circle of confidence.

People spent $4.350 billion at California golf course facilities in 2000. The total sales, income, and tax impacts on the state economy were $7.872 billion, $4.546 billion, and $1.370 billion in 2000. Direct sales of $4.251 billion directly supported 62,173 jobs, and , through indirect and induced sales impacts, an additional 37,609 jobs.

The effect of risk on farmland values and returns is analyzed using a capitalization model. County-level models are estimated using spatial econometric techniques. Our results show that riskier regions and growing conditions have both lower land values and higher risk-adjusted rates of return to farmland.

The Conservation Reserve Program (CRP), first enacted in 1985, seeks to achieve both conservation and agricultural supply control objectives through voluntary, long-term (10 year contracts) retirement of cropland. By fall 2000, the program had enrolled about 31.4 million acres nationwide, and North Dakota ranked third among the states, with 3.2 million contracted acres, or 11 percent of the state's total cropland.

The 2002 SDSU Farm Real Estate Market Survey reports current agricultural land values and cash rental rates by land use in different regions of South Dakota and compares them with values of earlier years.