IMPLICIT PRICES OF WETLAND EASEMENTS

Steven D. Shultz and Steven Taff

No 22163, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Farmland prices were regressed against sale size, gross production values, surrounding land uses and wetlands, and perpetual wetland easements administered by United States Fish and Wildlife Service. Each additional wet wetland acre reduced average cropland values by $209 or 51% of average local cropland values while each additional wetland easement acre reduces average land values by $234 which corresponds to 57% of local cropland values.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 29
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:22163

DOI: 10.22004/ag.econ.22163

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