A Conjoint Analysis of Public Preferences for Agricultural Land Preservation

Joshua Duke and Thomas W. Ilvento

Agricultural and Resource Economics Review, 2004, vol. 33, issue 2, 11

Abstract: Public preferences for the nonmarket services of permanently preserved agricultural land are measured and compared using conjoint analysis. The results from a survey of 199 Delawareans suggest environmental and nonmarket-agricultural services are the most important preserved-land attributes. Results also suggest that open space associated with wetlands on farms is neither an amenity nor a disamenity. On the margin, preserved parcels with agricultural and environmental attributes provide net benefits, which may exceed $1,000,000 for a 1,000-acre parcel. Preserved forestland provides benefits per acre that are statistically equivalent to cropland, though forestland may be less expensive to preserve.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (16)

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Journal Article: A Conjoint Analysis of Public Preferences for Agricultural Land Preservation (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31268

DOI: 10.22004/ag.econ.31268

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