The Effects of Conservation Easements on Land Values

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dc.contributor.authorZhang, Xiaoweien
dc.contributor.committeechairGeyer, L. Leonen
dc.contributor.committeememberRichardson, Jesse J.en
dc.contributor.committeememberMcGuirk, Anya M.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.date.accessioned2014-03-14T20:36:26Zen
dc.date.adate2004-05-20en
dc.date.available2014-03-14T20:36:26Zen
dc.date.issued2004-05-05en
dc.date.rdate2007-05-20en
dc.date.sdate2004-05-12en
dc.description.abstractThe Conservation easement has become a popular tool for land protection in the past few decades. Whether this development restriction will necessarily decrease the land value is an empirical question. This study employs a hedonic pricing approach to test empirically the effects of conservation easements on land values. The econometric results indicate that conservation easements can slightly increase the land values, but the effect is statistically insignificance. Considering the limited dataset, the interpretation of the results warrant some caution.en
dc.description.degreeMaster of Scienceen
dc.identifier.otheretd-05122004-101127en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-05122004-101127en
dc.identifier.urihttp://hdl.handle.net/10919/32626en
dc.publisherVirginia Techen
dc.relation.haspartCE_4.pdfen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectLand Valueen
dc.subjectPreservation of Open Spaceen
dc.subjectConservation Easementen
dc.titleThe Effects of Conservation Easements on Land Valuesen
dc.typeThesisen
thesis.degree.disciplineAgricultural and Applied Economicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameMaster of Scienceen

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