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Registros recuperados: 8
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The future of the Dutch egg processing industry AgEcon
Tacken, G.M.L.; Cotteleer, Geerte; van Horne, Peter L.M..
This research examines the competitiveness of the Dutch egg products industry, as well as the consequences of tightening up the laws concerning layer poultry on the competitive position of the Dutch egg production industry. A tightening of the laws has, in fact, the effect of raising the production cost, and in this research the central question revolves around whether animal welfare-friendly egg products are perceived as products with added value by the buyers of egg products (mainly industrial buyers) and will thus also be offered for sale at a higher price. Furthermore, it will be investigated what the probable developmental directions are in the egg products industry if this higher price cannot be realised.
Tipo: Report Palavras-chave: Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/29137
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EXPERT OPINION VERSUS TRANSACTION EVIDENCE: USING THE REILLY INDEX TO MEASURE OPEN SPACE PREMIUMS IN THE URBAN-RURAL FRINGE AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
Due to economic and population growth farmland and to a lesser extend other undeveloped areas are under pressure in the urban-rural fringe in British Columbia, Canada. The objectives of this paper are to determine if residential property values near Victoria, BC include open-space premiums for farmland or parks or both, and to determine if using assessed values instead of market prices of the property result in the same findings. We estimate a SUR (Seemingly Unrelated Regression) model with two hedonic pricing equations, one with actual market values as the dependent variable and one with assessed property values, and compare the resulting estimates of shadow prices for open space amenities. Furthermore, we take account of spatial autocorrelation and...
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic pricing models; Assessed property values; Value of open space; Geographical Information System; Reilly; GMM; Spatial dependence; Community/Rural/Urban Development; Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6705
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Expert Opinion versus Transaction Evidence: Using the Reilly Index to Measure Open Space Premiums in the Urban-Rural Fringe AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
Due to economic and population growth farmland and to a lesser extend other undeveloped areas are under pressure in the urban-rural fringe in British Columbia, Canada. The objectives of this paper are to determine if residential property values near Victoria, BC include open-space premiums for farmland, parks or golf courses, and to determine if using assessed values instead of market prices of the property result in the same findings. We estimate a Seemingly Unrelated Regression (SUR) model with two hedonic pricing equations, one with actual market values as the dependent variable and one with assessed property values, and compare the resulting estimates of shadow prices for open space amenities. Furthermore, we take account of spatial autocorrelation and...
Tipo: Working or Discussion Paper Palavras-chave: Hedonic pricing models; Spatial dependence; Assessed property values; Open space; Community/Rural/Urban Development; Land Economics/Use; R14; R52; C21; Q20; H23.
Ano: 2008 URL: http://purl.umn.edu/37085
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Farmland Conservation in the Netherlands and British Columbia, Canada: A Comparative Analysis Using GIS-Based Hedonic Pricing Models AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
As a result of urban development farmland in many countries is under pressure. Reasons to preserve farmland are related to cultural heritage, food safety, open space, the environment, but also slowing and restricting development is a reason. To protect farmland countries use different land use policies. This paper will look specifically at two jurisdictions: The Netherlands and a particularly rich farming area in British Columbia, Canada. For these areas we will investigate how the institutions and laws present in these jurisdictions contribute to agricultural land preservation. We will analyse farmland values in a GIS-based hedonic pricing framework to answer this question. This combination enables us to analyse direct impacts of laws and regulations...
Tipo: Working or Discussion Paper Palavras-chave: Hedonic pricing models; Zoning policies; Geographical Information System; Agricultural land values at the urban fringe; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Q10; Q15; R52.
Ano: 2007 URL: http://purl.umn.edu/37045
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Bargaining and market power in a GIS-based hedonic pricing model of the agricultural land market AgEcon
Cotteleer, Geerte; Gardebroek, Cornelis.
Agricultural land markets differ greatly from the textbook-case of perfect competition. This is why standard hedonic pricing techniques should be revised before applying this technique to this market. The objective of this paper is to determine (a) the deviation from the competitive market price of agricultural land in the Netherlands due to market power and the existence of an excess surplus and (b) the effect of bargaining power on the division of excess surplus between the eventual seller and the buyer in the market for agricultural land.
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2006 URL: http://purl.umn.edu/21255
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A Spatial Bayesian Hedonic Pricing Model of Farmland Values AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
In 1973, British Columbia created the Agricultural Land Reserve (ALR) to protect farmland from development. This study investigates whether the ALR has been effective near the city of Victoria. Therefore, we employ a GIS-based hedonic pricing model and quantify ALR specific measures. Bayesian Model Averaging in combination with Markov Chain Monte Carlo Model Composition are used to address specification uncertainty. Results show that zoning schemes are partly credible. Zoned farmland sells for lower prices than other farmland. However, farmland located closer to the city of Victoria is priced higher and hobby farmers pay higher prices than conventional farmers.
Tipo: Conference Paper or Presentation Palavras-chave: Farmland prices; Bayesian Model Averaging; Hedonic pricing.; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/44137
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Bayesian Model Averaging in the Context of Spatial Hedonic Pricing: An Application to Farmland Values AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
Since 1973, British Columbia created an Agricultural Land Reserve to protect farmland from development. In this study, we employ GIS-based hedonic pricing models of farmland values to examine factors that affect farmland prices. We take spatial lag and error dependence into explicit account. However, the use of spatial econometric techniques in hedonic pricing models is problematic because there is uncertainty with respect to the choice of the explanatory variables and the spatial weighting matrix. Bayesian model averaging techniques in combination with Markov Chain Monte Carlo Model Composition are used to allow for both types of model uncertainty.
Tipo: Working or Discussion Paper Palavras-chave: Bayesian model averaging; Markov Chain Monte Carlo Model Composition; Spatial econometrics; Hedonic pricing; GIS; Urban-rural fringe; Farmland fragmentation; Environmental Economics and Policy; Farm Management; Land Economics/Use; R11; R15; C50; R14.
Ano: 2007 URL: http://purl.umn.edu/37046
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Externalities Imposed on Residential Properties in Highly Urbanized Areas AgEcon
Cotteleer, Geerte; Peerlings, Jack H.M..
In highly industrialized areas open spaces such as farmland and nature are under pressure since urban areas are expanding at their expense. Because of the high opportunity costs of development in urban areas, a high price has to be paid for the maintenance or creation of open space. The question is if this high price can be justified by the value of the open space. We estimate the value residents attach to surrounding open space in a hedonic pricing model. More specifically, we investigate in a highly urbanized area in the Netherlands how the externalities of farmland, nature, and other uses, such as industrial areas and the sea affect residential property prices. Moreover, spatial lag and error dependence are corrected for in the hedonic pricing model...
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic pricing; Spatial econometrics; Externalities; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/43950
Registros recuperados: 8
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