Study on the Montgomery County Farmland Preservation Program and its Enlightenment for China

2013 ◽  
Vol 368-370 ◽  
pp. 194-198
Author(s):  
Li Ming Tang ◽  
Meng Ting Liu

Montgomery County has been home to a strong agricultural industry, and the Farmland Preservation Program has contributed a lot. The two parts of the Program-the Transfer of Development Rights Program and the Purchase of Development Rights Program have preserved a great amount of farmland for the county and keep the development and prosperity of the agriculture. Nowadays, the recession of agriculture and the decrease of farmland are serious in China, so it is urgent to find solutions to those problems. The experiences from the Montgomery County has a certain sense of enlightenment for China to deal with the situation, such as 1) convert the development views and response to urban sprawl, 2) using economic means to solve the problems of farmland preservation, 3) establishing the development rights to guarantee the benefits and interests of farmers, 4) developing more scientific and reasonable land evaluation methods for the compensation.

2003 ◽  
Vol 32 (1) ◽  
pp. 129-144 ◽  
Author(s):  
Cynthia J. Nickerson ◽  
Daniel Hellerstein

We investigate what farmland preservation programs reveal about the importance of protecting different rural amenities. An extensive content analysis of the enabling legislation of various farmland protection programs suggests wide variation exists in the protection of amenities. An analysis of 27 individual Purchase of Development Rights (PDR) programs’ selection criteria suggests these programs favor preserving amenities that are jointly provided by cropland and livestock operations. These PDR selection criteria also reveal unique preferences regarding the spatial patterns of preserved agricultural lands. Variation in relative weights given to protecting most parcel characteristics in PDR programs is not easily explained by factors that characterize areas experiencing farmland losses.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Jordan P. Howell ◽  
Mahbubur Meenar ◽  
Christina Friend ◽  
Jack Kelly ◽  
Owen Feeny

The “Pine Barrens” are a UNESCO-designated biosphere reserve encompassing about 1.1 million acres in southern New Jersey. A state agency, the New Jersey Pinelands Commission, in conjunction with county and local governments, works to implement land management and environmental protection goals via a comprehensive management plan. The pinelands development credit (PDC) program is one tool aimed specifically at land preservation outcomes. The PDC program is a regional “transfer of development rights” market allowing landowners to sell their rights to further develop their property and enter their land into permanent protected status. Since the program’s inception in 1982, over 55,000 acres of sensitive and rare ecosystem have been protected; the more than 1,200 transactions account for US$63 M of economic value. The PDC program is a clear illustration of the role that financial instruments and market mechanisms can play in achieving environmental protection outcomes. This case study offers an overview of the pinelands area, PDC program, and the transfer of development rights concept before examining the PDC program and its outcomes in greater detail. While the program has been hailed as a success, it will face challenges in the coming years, including a relatively inefficient process for converting PDCs into protected lands and the question of how the program can evolve once eligible lands become more scarce.


1993 ◽  
Vol 22 (2) ◽  
pp. 150-158 ◽  
Author(s):  
Dennis Wichelns ◽  
Jeffrey D. Kline

This paper examines the economic impact of selected farmland characteristics on the appraised value of development rights. Price elasticities are estimated for the size and location of farmland parcels, the amount of road frontage, the existence of panoramic views, and the distance to urban centers. Estimated elasticities suggest that parcel characteristics have a substantial impact on the cost of preserving farmland. For example, the per-acre cost of development rights is estimated to be 53 percent higher on farmland parcels that have a panoramic view of water than on parcels that have no water view. Similarly, the per-acre cost of development rights on a typical 25-acre farm is estimated to be 90 percent higher than on a typical 150-acre farm. Results suggest that the net social benefits obtained through farmland preservation programs may be enhanced by considering the impact of farmland characteristics on the marginal costs of purchasing development rights, when selecting among a set of candidate farms.


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