While many states such as Vermont have adopted the Purchase of Development Rights (PDR) programs to protect farmland, few studies have examined how the prices of such development rights are determined and whether the prices are close to the market value.
It's became clear that Land is not only a basic factor of production, it also has a number of specific features. Against this background, it has long been recognized that clarifying property rights to land can enhance economic growth through a number of channels:
This paper explores deforestation and asset accumulation among small scale farmers in tropical forests. In a two-state variable control model, forest clearing is an investment in land holdings and the productivity of forest clearing is a function of non-land assets like chainsaws.
Since 1982, the New Castle County Superior Court in Delaware has promoted mediation, which attempts to resolve filed conflicts prior to trial. This paper evaluates how spatial land-use conflicts channel through mediation and litigation. Data suggest that mediations fail because one of the key disputing parties does not play a direct role in mediation and litigation.
The overall goal of our paper is to estimate the impact of China's land rights on farm investment incentives and agricultural production. To meet the goal, the paper pursues three specific objectives. First, the paper briefly reviews the various linkages between land rights and investment incentives.
Based on a case study of two Moldovan regions, the paper challenges the favourable assessment of recently established peasant farms in a World Bank study by LERMAN et al. (1998).
Bid-rent curves are incorporated in a stochastic dynamic programming model of land development around a city when farmland generates both positive and negative externalities. The model delineates how the quantities of land in
various uses over time should depend on the relative social weights assigned to the competing agricultural externalities.
While agricultural land preservation programs seek to maximize number of acres, to preserve productive farms, to preserve contiguous farms, and to preserve threatened farms, they are often evaluated solely on the number of acres preserved. Using a Farrell efficiency analysis, preserved parcels in four Maryland counties were evaluated for all four goals.