Impacts of Regional Growth on Farmland Development in the Northeast U.S

Yohannes Hailu () and Cheryl Brown ()
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Yohannes Hailu: Division of Resource Management, West Virginia University
Cheryl Brown: Division of Resource Management, West Virginia University

Working Papers from Regional Research Institute, West Virginia University

Abstract: This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on agricultural land values and downward pressure on the stock of agricultural land. Farm performance and some farmland protection policies were not effective in limiting farmland development.

Keywords: regional growth; agricultural land development; Northeast United States (search for similar items in EconPapers)
JEL-codes: C21 R11 R12 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:rri:wpaper:2007wp01

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