Authors: Iovanna, Rich
Vance, Colin
Title: Land conversion and market equilibrium
Other Titles: Insights from a simulated landscape
Language (ISO): en
Abstract: We specify a system of equations that fully reflects the supply and demand sides of the market for agricultural open space at equilibrium. Although simple, the system is exceedingly flexible and allows for household and parcel heterogeneity. We derive an empirical model directly from the structural equations and contrast this using a simulated landscape with the econometric specification most often found in the literature. We then show how the model can be used to project land-use change into the future and for policy simulation. Finally, we use the model to examine the impact of common land conservation policies in Europe.
Subject Headings: conservation easement
land-use change
urban sprawl
Issue Date: 2012-01-18
Appears in Collections:Sonderforschungsbereich (SFB) 823

Files in This Item:
File Description SizeFormat 
DP_0212_SFB823_Iovanna_Vance.pdfDNB462.59 kBAdobe PDFView/Open

This item is protected by original copyright

All resources in the repository are protected by copyright.