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Farmland Preservation and Residential Density: Can Development Rights Markets Affect Land Use? AgEcon
McConnell, Virginia D.; Kopits, Elizabeth; Walls, Margaret.
This paper examines transferable development rights (TDRs) policies as a way to preserve farmland and change the density of development. Characteristics of TDR markets are described, including why they might promote efficiency, and the difficulties that arise in implementing them. Evidence from an established TDR program in Calvert County, Maryland, is used to assess the potential for TDRs to influence subdivision density, and to achieve local land preservation goals. The Calvert program has succeeded in creating an active and stable TDR market, and has therefore preserved a large amount of farmland in the region. But we find that the demand for additional density permitted with TDRs occurs mostly in rural areas and not in the higher density town centers...
Tipo: Journal Article Palavras-chave: Land preservation; Development; Markets; Density; Land Economics/Use.
Ano: 2005 URL: http://purl.umn.edu/10240
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Does Targeting a Designated Area Crowd out the other Preservation Programs’ Efforts? AgEcon
Liu, Xiangping; Lynch, Lori.
Maryland has introduced a number of land preservation programs over the past 40 years to permanently preserve resource lands. Although new programs can increase the number of acres being preserved, they might have unintended impact on land preservation due to interaction with existing land preservation programs. The Maryland Rural Legacy program began in 1997 by designating large contiguous blocks of land and focusing its preservation efforts only in those areas. The program’s could attract existing programs to shift their preservation effort into this designated rural legacy areas if there exist economy of scale or they subsidized existing programs’ effort through matching funds. Alternatively, it could crowd out the others’ preservation efforts in these...
Tipo: Conference Paper or Presentation Palavras-chave: Crowding effects; Designated preservation areas; Land preservation; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Q18; Q24; Q28; Q58.
Ano: 2009 URL: http://purl.umn.edu/49339
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