The Effects Of Potential Land Development On Agricultural Land Prices

The causes, consequences and control of land use change have become topics of enormous importance in contemporary society. Not only is urban land use and sprawl a hot-button issue, but issues of rural land use have also been in the headlines. Policy makers and citizens are starting to realize that many environmental and economic issues have the question of land use at their very core. Comprising papers from a conference sponsored by the Northeast Regional Center for Rural Development, Land Use Problems and Conflicts draws together some of the most up-to-date research in this area. Sections are devoted to problems in the United States and Europe, the consequences of such problems, land use-related data and alternative solutions to conflict. With a lineup including some of the best scholarship on this subject to date, this volume will be of use to those studying environmental and land use issues in addition to policy makers and economists.

Focuses on the capitalisation of government support into land rents and prices, assessing the consequences of inflated asset values, and suggesting lessons for future policy making.

The Value of Agricultural Land is concerned with the value of agricultural land and covers topics ranging from land rents, transport costs, and land use as well as land prices and agricultural rents. This book has seven chapters; the first of which discusses the principles underlying the value of agricultural land, with emphasis on rent and the views of David Ricardo. The next chapter focuses on Von Thünen’s theory of rents, transport costs, and land use. In particular, it examines Von Thünen’s argument that transport costs were the cause, and rents the consequence, of important differentiations of agricultural, dairy, and forest production, according to distance from the market. The use of production functions and programming to estimate the marginal productivity of land is then explained, along with agricultural rents actually paid in different countries and periods. This book concludes with an analysis of prices of land in relation to ""residual incomes."" Agricultural economists and policymakers will find this book extremely helpful.

The Economics of Land Use brings together the most significant journal essays in key areas of contemporary agricultural, food and resource economics and land use policy. The editors provide a state-of-the-art overview of the topic and access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.