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Living on the Edge: Residential Property Values in the Urban-Rural Interface AgEcon
Espey, Molly; Fakhruddin, Fahmida; Gering, Lawrence R.; Lin, Huiyan.
This study estimates the contribution of both urban-rural fringe location and lake proximity on residential property values in three upstate counties of South Carolina through estimation of spatial hedonic housing price models. Location in the urban fringe and the urban-rural interface are found to have a positive impact on residential housing values relative to either urban or more rural locations. Lakes in the upstate contribute positively to housing values to the extent that the house has a view of a lake, lake access, or lake frontage.
Tipo: Journal Article Palavras-chave: Environmental valuation; Hedonic analysis; Lake proximity; Rural development; Urban-rural interface; Urban sprawl; O18; R14; R21.
Ano: 2007 URL: http://purl.umn.edu/37055
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Do Agricultural Preservation Programs Affect Farmland Conversion? AgEcon
Liu, Xiangping; Lynch, Lori.
More than 124 governmental entities concerned about suburban sprawl and farmland loss have implemented farmland preservation programs preserving 1.67 million acres at a cost of $3.723 billion. We ask how effective are these programs in slowing the rate of farmland loss. Using a unique 50-year 269 county panel data set on preservation programs and farmland loss for six Mid-Atlantic States, we employ the propensity score matching method to find strong empirical evidence that these programs have had a statistically significant effect on the rate of farmland loss. Preservation programs on average decrease the rate of farmland loss by 2.4 percentage points; a 33% decrease from the average 5-year rate of 7.31%.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural preservation programs; Farmland; Propensity score; Farmland conversion; Urban-rural interface; Land Economics/Use.
Ano: 2007 URL: http://purl.umn.edu/9764
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