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The Impact of Biofuels on the Propensity of Land-Use Conversion among Non-Industrial Private Forest Landowners in Florida

Nishita Pancholy, Michael H. Thomas, Daniel Solis () and Nicholas Stratis

No 98526, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

Abstract: A hypothetical market for renting and converting forested land into row cropping for biofuel production revealed that nearly half of the 1,060 non-industrial landowners sampled in Florida are willing to accept payments for land type conversion and the resulting supply function is inelastic and positive. While respondent’s previous involvement with forest management cost-share program increased their probability of accepting payments for forest type conversion, those who indicated forest aesthetics as the primary reason for the land ownership were less likely to participate in this hypothetical market.

Keywords: NIPF landowners; Probit regression; Land-use conversion; United States; Environmental Economics and Policy; Land Economics/Use (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-env
Date: 2011
References: View complete reference list from CitEc
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Journal Article: The impact of biofuels on the propensity of land-use conversion among non-industrial private forest landowners in Florida (2011) Downloads
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