Analysis of the impact of ecological compensation on the price of agricultural land in France between 2010 and 2016

Analyse de l'impact de la compensation écologique sur le prix du foncier agricole en France entre 2010 et 2016

Naomi Delille () and Raja Chakir
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Naomi Delille: Bureau de la biodiversité et des ressources - Commissariat général au développement durable - Ministère de l'Ecologie, du Développement durable et du Transport

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Abstract: Biodiversity offsets (BO) aimed at reducing the impact of urban sprawling on natural areas, and manage zero net loss of biodiversity. It is the last step of the mitigation hierarchy consisting in avoiding, reducing and then compensating impacts on natural environment. While we currently face an urban sprawl, and an increasing pressure on agricultural lands, BO have been the subject of much debate as it is suspected to contribute to land price increase. The objective of this study is to answer the following question: What is the impact of BO policies on agricultural land price in France between 2010 and 2016 ? We propose an original quantitative analysis based on an econometric spatial panel model. We work at the PRA (Petite Région Agricole) scale and the 2010-2016 period. Our results show that biodiversity offsets policy doesn't have a significant impact on the price of agricultural land. This result is discussed in the light of the currently available data on BO, and of the difficulty pining down the complexity of BO policies. We advocate for the collection of a larger and more specific data on this topic.

Keywords: Foncier agricole; Compensation écologique (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-agr and nep-env
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