Farmland Conservation in The Netherlands and British Columbia, Canada: A Comparative Analysis Using GIS-based Hedonic Pricing Models

Geerte Cotteleer, Tracy Stobbe and Gerrit Cornelis van Kooten

No 2007-06, Working Papers from University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group

Abstract: 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 within the hedonic pricing framework. Moreover, we can use farm values to analyse farm survivability, and the level of speculation on farmland in the urban-rural fringe, where farmland is under urban pressure.

Keywords: Hedonic pricing models; zoning policies; Geographical Information System; agricultural land values at the urban fringe (search for similar items in EconPapers)
JEL-codes: Q10 Q15 R52 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-cul, nep-env and nep-tur
Date: 2007-11
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Persistent link: http://EconPapers.repec.org/RePEc:rep:wpaper:2007-06

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