Data/hora: 01/06/2024 06:47:07

Provedor de dados: | 31
País: | United States
Título: | AN OPTION VALUE APPROACH TO VALUING PRESERVATION PROPERTIES
Autores: | Winfree,   Jason A.; McCluskey,   Jill J.; Mittelhammer,   Ronald C.
Data: | 2002-11-19
Ano: | 2002
Palavras-chave: | Land Economics/Use.
Resumo: | There has been a recent trend towards purchasing land for farmland preservation, wildlife refuges, other conservation, and cultural and historical preservation. There is a great deal of unexplained variation in the dollars paid per acre for these properties. The theoretical basis for this analysis is an option value model with stochastic returns to development. The data used in our analysis is sales transactions data for natural resource conservation and farmland preservation purposes from throughout the United States. We find that land, when it would be best used for development, but is not developed, has a significantly higher price.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

6497

http://purl.umn.edu/36619

Editor: | AgEcon Search

Relação:

Western Agricultural Economics Association&gt;2002 Annual Meeting, July 28-31, 2002, Long Beach, California

Selected Paper of the 2002 Annual Meeting, July 28-31, 2002, Long Beach, California

Formato:

21

application/pdf