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Using a bundled amenity model to estimate the value of cropland open space and determine an optimal buffer zone

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dc.contributorVirginia Techen
dc.contributor.authorKuminoff, N. V.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.date.accessed2014-05-12en
dc.date.accessioned2014-05-14T14:25:08Zen
dc.date.available2014-05-14T14:25:08Zen
dc.date.issued2009-04en
dc.description.abstractThis study investigates how proximity to cropland influences residential property values and considers the public policy implications. The hedonic model generalizes previous studies by recognizing that the bundle of externalities generated by crop production may increase the price of some homes and decrease the price of others, depending on their respective locations. Using an instrumental variables approach to estimate the model for San Joaquin County, California, suggests that proximity to cropland increases the value of most, but not all, single-family homes near the agricultural-urban edge. The results imply an agricultural buffer zone of 68 meters would mitigate most cropland disamenities.en
dc.description.versionPublished versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationKuminoff, N. V., "Using a bundled amenity model to estimate the value of cropland open space and determine an optimal buffer zone," JARE 34(1):68-90 (2009); http://www.waeaonline.org/jareonline/archives/34.1%20-%20April%202009/JARE,Apr2009,pp68,Kuminoff.pdfen
dc.identifier.issn1068-5502en
dc.identifier.urihttp://hdl.handle.net/10919/48005en
dc.identifier.urlhttp://www.waeaonline.org/jareonline/archives/34.1%20-%20April%202009/JARE,Apr2009,pp68,Kuminoff.pdfen
dc.language.isoenen
dc.publisherWestern Agricultural Economics Associationen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectamenity valueen
dc.subjectbuffer zoneen
dc.subjectcroplanden
dc.subjecthedonicen
dc.subjectland useen
dc.subjectopen spaceen
dc.subjectresidential property-valuesen
dc.subjectedge-effect externalitiesen
dc.subjectpricesen
dc.subjectequilibriumen
dc.subjectagricultural economics & policyen
dc.subjecteconomicsen
dc.titleUsing a bundled amenity model to estimate the value of cropland open space and determine an optimal buffer zoneen
dc.title.serialJournal of Agricultural and Resource Economicsen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten

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