scholarly journals The effects of use values, amenities and payments for public goods on farmland prices: Evidence from Poland

2018 ◽  
Vol 68 (1) ◽  
pp. 135-158 ◽  
Author(s):  
Bazyli Czyzewski ◽  
Radoslaw Trojanek ◽  
Anna Matuszczak
Keyword(s):  
Public Goods ◽  
Agricultural Land ◽  
Unobserved Heterogeneity ◽  
Hierarchical Regression ◽  
Land Values ◽  
Environmental Amenities ◽  
Production Values ◽  
Use Values ◽  
Farmland Prices ◽  
Specific Factors

The article contributes to the debate on how land prices are affected by production values, by farming subsidies and by environmental amenities. The authors carried out a comprehensive review of the literature on the actual determinants of land value and made an attempt to classify different approaches to this matter. Then they performed an empirical case study of the drivers of agricultural land values in a leading agricultural region of Poland. The aim of the study is to establish how the use values of land, amenities and policy payments contribute to land values in the Single Area Payment Scheme (SAPS), which operates in Poland. The study is based on a sample of 653 transactions during the years 2010–2013. A hierarchical regression (ML-IGLS method) was used, where the unobserved heterogeneity is attributed to the location-specific factors at different levels of analysis. Results indicate that the policy payments for public goods decapitalise the value of land, whereas the environmental amenities have a relatively strong influence on farmland prices.

Environmental amenities and agricultural land values: a hedonic model using geographic information systems data

2002 ◽  
Vol 40 (3) ◽  
pp. 337-349 ◽  
Author(s):  
Chris T. Bastian ◽  
Donald M. McLeod ◽  
Matthew J. Germino ◽  
William A. Reiners ◽  
Benedict J. Blasko
Keyword(s):  
Information Systems ◽  
Geographic Information Systems ◽  
Agricultural Land ◽  
Geographic Information ◽  
Hedonic Model ◽  
Land Values ◽  
Environmental Amenities

The Effects of Environmental Amenities on Agricultural Land Values

2013 ◽  
Vol 89 (3) ◽  
pp. 466-478 ◽  
Author(s):  
J. R. Wasson ◽  
D. M. McLeod ◽  
C. T. Bastian ◽  
B. S. Rashford
Keyword(s):  
Agricultural Land ◽  
Land Values ◽  
Environmental Amenities

Noncash Income Transfers and Agricultural Land Values

2005 ◽  
Vol 27 (4) ◽  
pp. 526-541 ◽  
Author(s):  
Mykel R. Taylor ◽  
Gary W. Brester
Keyword(s):  
Agricultural Land ◽  
Land Values ◽  
Income Transfers

scholarly journals Land Use Dynamics and Variations in Sprawl across Municipalities in the Bamenda Urban-scape from 1996-2018

2020 ◽  
Vol 13 (4) ◽  
pp. 224
Author(s):  
Fombe Lawrence F. ◽  
Acha Mildred E.
Keyword(s):  
Land Use ◽  
Urban Growth ◽  
Urban Areas ◽  
Agricultural Land ◽  
Pearson Correlation ◽  
Town Planning ◽  
Land Values ◽  
Landsat Images ◽  
Land Use Dynamics ◽  
Spatiotemporal Analyses

Worldwide urban areas are having increasing influence over the surrounding landscape. Peri-urban regions of the world are facing challenges which results from sprawl with increasing problems of social segregation, wasted land and greater distance to work. This study seeks to examine the trends in land use dynamics, urban sprawl and associated development implications in the Bamenda Municipalities from 1996 to 2018. The study made use of the survey, historical and correlational research designs. The purposive and snowball techniques were used to collect data. Spatiotemporal analyses were carried out on Landsat Images for 1996, 2008, and 2018 obtained from Earth Explorer, Erdas Image 2014 and changes detected from the maps digitized. The SPSS version 21 and MS Excel 2016 were used to analyze quantitative and qualitative data. The former employed the Pearson correlation analysis. Analysis of land use/land cover change detection reveals that built-up area has increased significantly from 1996 to 2018 at the detriment of forest, wetland and agricultural land at different rates within each municipality. These changes have led to invasion of risk zones, high land values, uncoordinated, uncontrolled and unplanned urban growth. The study suggests that proactive planning, use of GIS to monitor land use activities, effective implementation of existing town planning norms and building regulations, are invaluable strategies to sustainably manage urban growth in Bamenda.

scholarly journals Financial stress and farm bankruptcies in US agriculture

2018 ◽  
Vol 78 (4) ◽  
pp. 441-456 ◽  
Author(s):  
Robert Dinterman ◽  
Ani L. Katchova ◽  
James Michael Harris
Keyword(s):  
Fixed Effects ◽  
Agricultural Land ◽  
Strong Predictor ◽  
Financial Stress ◽  
Land Values ◽  
Bankruptcy Law ◽  
Macroeconomic Factors ◽  
Content Type ◽  
Dynamic Relationship ◽  
On Farm

Purpose The purpose of this paper is to evaluate farm financial stress within the USA over the past 20 years and the agricultural and economic factors which have impacted farm businesses. The effect of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) on farm financial stress is further evaluated. In particular, Chapter 12 bankruptcies – which can only be filed by farmers – were only a temporary measure until BAPCPA made Chapter 12 a permanent fixture in bankruptcy law. Design/methodology/approach Chapter 12 bankruptcy filings from 1997 until 2016 are used as a proxy for farm financial stress. Panel fixed effects models are used to determine relevant factors affecting financial stress for farmers from agricultural and macroeconomic perspectives. Further, models incorporating pre- and post-BAPCPA regimes are utilized. Findings The results show that macroeconomic factors (interest and unemployment rates) are strong predictors of farm bankruptcies for farms while agricultural land values are the only consistent strong predictor among the agricultural factors. When evaluating the post-BAPCPA regime, only agricultural land values continue to be a significant predictor of farm bankruptcies. The findings also indicate a dynamic relationship with agricultural land values, where current year values are negatively related but previous year land values are positively related to bankruptcies. Originality/value The authors provide an analysis of the post-BAPCPA regime on farm bankruptcies that has not been evaluated within the literature yet. Further, the findings illuminate discussion on a potentially dynamic relationship with financial stress and agricultural land values.

scholarly journals The Influence of Wind Energy and Biogas on Farmland Prices

Land ◽  
2019 ◽  
Vol 8 (1) ◽  
pp. 19 ◽  
Author(s):  
Olena Myrna ◽  
Martin Odening ◽  
Matthias Ritter
Keyword(s):  
Wind Energy ◽  
Wind Turbines ◽  
Spatial Econometrics ◽  
Agricultural Land ◽  
Biogas Production ◽  
Rapid Development ◽  
Arable Land ◽  
Ordinary Least Squares ◽  
Farmland Prices ◽  
The Impact

In the context of the rapid development of renewable energy in Germany in the last decade, and increased concerns regarding its potential impacts on farmland prices, this paper investigates the impact of wind energy and biogas production on agricultural land purchasing prices. To quantify the possible impact of the cumulative capacity of wind turbines and biogas plants on arable land prices in Saxony-Anhalt, we estimate a community-based and a transaction-based model using spatial econometrics and ordinary least squares. Based on data from 2007 to 2016, our analysis shows that a higher cumulative capacity of wind turbines in communities leads to higher farmland transaction prices, though the effect is very small: if the average cumulative capacity of wind turbines per community doubles, we expect that farmland prices per hectare increase by 0.4%. Plots that are directly affected by a wind turbine or part of a regional development plan, however, experience strong price increases.

Farmland Protection and Agricultural Land Values at the Urban‐Rural Fringe: British Columbia's Agricultural Land Reserve

2014 ◽  
Vol 97 (1) ◽  
pp. 282-298 ◽  
Author(s):  
Alison J. Eagle ◽  
David E. Eagle ◽  
Tracy E. Stobbe ◽  
G. Cornelis Kooten
Keyword(s):  
Agricultural Land ◽  
Land Values ◽  
Farmland Protection ◽  
Urban Rural ◽  
Land Reserve

The economics of soil structural degradation under cropping: some empirical estimates from New Zealand

Soil Research ◽  
1998 ◽  
Vol 36 (5) ◽  
pp. 831 ◽  
Author(s):  
F. G. Scrimgeour ◽  
T. G. Shepherd
Keyword(s):  
Public Policy ◽  
New Zealand ◽  
Contingent Valuation ◽  
Soil Structure ◽  
Scientific Research ◽  
Land Values ◽  
Policy Response ◽  
Structural Degradation ◽  
Empirical Estimates ◽  
Use Values

Soil structural degradation is a problem of some arable farms in New Zealand. This paper presents economic estimates of the significance of the loss of soil structure to farmers and the Manawatu region of New Zealand. Contingent valuation surveys of farmers and the wider community were used to estimate both use and non-use values. The results show the significance of compaction on both farm profits and land values, together with the lack of knowledge of the wider community concerning this problem. They reinforce the importance of careful farm practice, further scientific research, and a considered public policy response.

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