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Library CAPITALIZATION OF FARMLAND PRESERVATION PROGRAMS INTO FARMLAND PRICES

CAPITALIZATION OF FARMLAND PRESERVATION PROGRAMS INTO FARMLAND PRICES

CAPITALIZATION OF FARMLAND PRESERVATION PROGRAMS INTO FARMLAND PRICES

Resource information

Date of publication
december 1998
Resource Language
ISBN / Resource ID
AGRIS:US2012211504

This paper examines whether permanent farmland preservation programs are capitalized into farmland prices. We consider the landowner's decision to voluntarily participate and correct for sample selection bias in our estimation of sales prices. Initial results suggest development restrictions resulting from participation in these programs are fully capitalized into farmland prices.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Nickerson, Cynthia J.
Lynch, Lori

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