The Value of Agricultural Areas: An Estimation Model of the Area to the Southeast of the City of Bari

Sebastiano Carbonara, Davide Stefano (), Michele Fischetti and Lucia Della Spina ()
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Sebastiano Carbonara: Department of Architecture, G. d’Annunzio University, 65127 Pescara, Italy
Davide Stefano: Department of Architecture, G. d’Annunzio University, 65127 Pescara, Italy
Michele Fischetti: Regione Puglia, Sezione Demanio e Patrimonio, 70121 Bari, Italy
Lucia Della Spina: Department of Cultural Heritage, Architecture, Urban Planning, Mediterranea University of Reggio Calabria, 89124 Reggio Calabria, Italy

Land, 2023, vol. 12, issue 7, 1-11

Abstract: The role of agricultural activities in countries with mature economies suggests, on the one hand, the traditional role of producing foodstuffs and dietary fibers; on the other, it speaks to the offering of landscape, cultural, recreational, and environmental services. The member states of the European Union have for some time derogated the control of agricultural processes to EU decision-making, within an overarching vision that recalls both roles of this primary activity. The COVID-19 pandemic and the Russia–Ukraine military crisis have heightened the urgency to protect national agricultural production and guarantee minimum levels of agricultural provisions. In Italy, this orientation clashes with practices of unauthorized construction, favored by policies of “building amnesties”, and the pressure exercised on urban growth that, particularly in fringe areas, modifies the mercantile nature of agricultural lands. This paper examines the theme in operative terms, analyzing an urban fringe in the city of Bari. The use of multiple regression analysis, applied to the agricultural land market, evidenced how prices in these areas are clearly impacted by their potential transformation into buildable terrains, even when urban plans do not foresee this use.

Keywords: agricultural land market; urban fringe areas; multiple regression model (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2023
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