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Gauging Support for Innovative Farmland Preservation Techniques

Joshua Duke and Lori Lynch ()

No 28586, Working Papers from University of Maryland, Department of Agricultural and Resource Economics

Abstract: This paper describes four innovative farmland preservation techniques and gauges support through interviews of key stakeholders: program administrators, lawmakers, and landowners. Four techniques were selected for assessment from approximately 30 novel techniques: rights of first refusal; term conservation easements; land preservation tontines; and agricultural conservation pension. Rights of first refusal was the most favored, although respondents thought effective implementation would need targeting of land and a dedicated funding source. Agricultural conservation pension was also viewed favorably, although considered administratively difficult to implement. Tontines were perceived to be an interesting concept, but confusing, difficult to implement, and ill-defined. Term easements were viewed unfavorably because they did not preserve land permanently.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 38
Date: 2006
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DOI: 10.22004/ag.econ.28586

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