The Impact of Wildlife Recreation on Farmland Values

Author(s):  
Jason Henderson ◽  
Sean Moore
2006 ◽  
Vol 38 (3) ◽  
pp. 597-610 ◽  
Author(s):  
Jason Henderson ◽  
Sean Moore

Wildlife recreation—hunting, fishing, and wildlife watching—appears to be an increasingly important pastime for many Americans. From 1991 to 2001, U.S. wildlife recreation expenditures surged from $77 billion to $108 billion in 2001 dollars. Land lease and ownership expenditures by wildlife recreation participants are also rising and appear to be capitalized into farmland values. This paper analyzes the impact of hunting lease rates on farmland values in Texas. The results indicate that counties with higher wildlife recreation income streams have higher land values.


2009 ◽  
Vol 15 (2) ◽  
pp. 153-171 ◽  
Author(s):  
ROBERT MENDELSOHN ◽  
JESUS ARELLANO-GONZALEZ ◽  
PETER CHRISTENSEN

ABSTRACTThis paper measures the impact of climate on Mexican agriculture using a Ricardian analysis. The analysis relies on economic data from 621 individual farms that were collected in 2002. Data on climate, elevation, soils, and distance to nearest city were matched with each farm. The analysis reveals that farmland values in Mexico are sensitive to climate. On average, warmer temperatures reduce land value by 4,000 to 6,000 pesos per degree Celsius. Examining three climate scenarios for 2100, the models predict average losses of between −42% to −54% of land value in Mexico. As a percent of income, rainfed farms will suffer slightly larger damages than irrigated farms but comparisons between small and large farms are mixed.


2014 ◽  
Vol 43 (3) ◽  
pp. 390-405 ◽  
Author(s):  
Jennifer Ifft ◽  
Shang Wu ◽  
Todd Kuethe

This study examines the impact of publicly supported insurance on agricultural land values. The analysis employs confidential, nationally representative panel data on field-level pastureland values and exploits a natural experiment provided by gradual introduction of the Pasture, Rangeland, and Forage Insurance Pilot Program. We use a field-level fixed-effects model that controls for several time-variant factors. We find that insurance availability is associated with an increase of at least 4 percent in pastureland values. This increase is comparable with increases generated by other government programs but is much smaller than total farmland value increases experienced in recent years.


2018 ◽  
Vol 10 (10) ◽  
pp. 3426 ◽  
Author(s):  
Frederick Quaye ◽  
Denis Nadolnyak ◽  
Valentina Hartarska

This study uses the Ricardian (hedonic) approach to estimate the impact of potential climate change on agricultural farmland values in the Southeast U.S. as a distinct agricultural region. Using the Agricultural Resource Management Survey and seasonal county-level climate and data, we find that regional farmland values increase with spring and fall temperatures and fall precipitation and decrease with winter and summer temperatures. Long-term climate change projections predict aggregate farmland value losses of 2.5–5% with differential state-level impacts, ranging from large losses in Florida to significant gains in Virginia. The results are consistent with recent research and can be helpful in policy design and forecasting land use change.


2013 ◽  
Vol 33 ◽  
pp. 151-160 ◽  
Author(s):  
Hiroki Uematsu ◽  
Aditya R. Khanal ◽  
Ashok K. Mishra

2011 ◽  
Vol 87 (2) ◽  
pp. 223-232 ◽  
Author(s):  
B. H. Blomendahl ◽  
R. K. Perrin ◽  
B. B. Johnson
Keyword(s):  

1962 ◽  
Vol 14 ◽  
pp. 415-418
Author(s):  
K. P. Stanyukovich ◽  
V. A. Bronshten

The phenomena accompanying the impact of large meteorites on the surface of the Moon or of the Earth can be examined on the basis of the theory of explosive phenomena if we assume that, instead of an exploding meteorite moving inside the rock, we have an explosive charge (equivalent in energy), situated at a certain distance under the surface.


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