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The Impact of Recreational Homes on Agricultural Land Use

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dc.contributor.authorTowe, Charlesen
dc.contributor.authorChen, Zhenshanen
dc.coverage.countryUnited Statesen
dc.coverage.stateNew Yorken
dc.date.accessioned2023-01-11T19:45:51Zen
dc.date.available2023-01-11T19:45:51Zen
dc.date.issued2023-02-01en
dc.date.updated2023-01-10T19:34:31Zen
dc.description.abstractWhen nonresidents purchase agricultural properties, the land use decision can make farmland operate below potential, still allowing for tax credits. We empirically investigate how nonresident ownership affects the agricultural land use decisions in upstate New York. A difference-in-difference matching approach shows a causal link between purchases by nonresidents and a loss of 11% of acreage to a lower-productivity use. A generalization shows this conversion counts for one-seventh of the decreased agricultural land in intensive uses in similar counties. Perhaps a simple opportunistic use of the tax-credit criteria, this phenomenon contradicts the policy’s objective and might impose other consequences on rural communities.en
dc.description.versionAccepted versionen
dc.format.extentPages 17-37en
dc.format.mimetypeapplication/pdfen
dc.identifier.issn1543-8325en
dc.identifier.issueNumber 1, February 2023en
dc.identifier.orcidChen, Zhenshan [0000-0002-9824-2563]en
dc.identifier.urihttp://hdl.handle.net/10919/113132en
dc.identifier.volumeVolume 99en
dc.language.isoenen
dc.relation.urihttps://muse.jhu.edu/article/872445en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectAgricultural tax exemptionen
dc.subjectLand useen
dc.subjectPropensity score matchingen
dc.titleThe Impact of Recreational Homes on Agricultural Land Useen
dc.title.alternativeRecreational Homes' Impact on Agricultural Land Useen
dc.title.serialLand Economicsen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.otherArticleen
pubs.organisational-group/Virginia Techen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciencesen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/Agricultural & Applied Economicsen
pubs.organisational-group/Virginia Tech/All T&R Facultyen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/CALS T&R Facultyen

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