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Journal Cover   Land Economics
  [SJR: 1.669]   [H-I: 55]   [6 followers]  Follow
   Full-text available via subscription Subscription journal
   ISSN (Print) 0023-7639 - ISSN (Online) 1543-8325
   Published by University of Wisconsin Press Homepage  [10 journals]
  • Agricultural Land and the Small Parcel Size Premium Puzzle
    • Abstract: <p>By B. Wade Brorsen, Damona Doye, Kalyn B. Neal</p> This study seeks to provide a greater understanding of the extent and causes of the per acre premium for small parcels of agricultural land. Considerable research has shown that price per acre of agricultural land is inversely related to parcel size (Jennings and Kletke 1977; Hepner 1985; Miller 2006; Tsoodle, Golden, and Featherstone 2006; Guiling, Brorsen, and Doye 2009; Ma and Swinton 2012). This small parcel premium raises the question of why more agricultural land is not sold in small parcels.Breaking large tracts into smaller parcels is a form of fragmentation, but it is typically fragmentation of land ownership rather than fragmentation of land use. Prior research has primarily focused on fragmentation of ... <a href="">Read More</a>
      Keywords: Farms, Size of
      PubDate: 2015-07-13T00:00:00-05:00
  • Gendered Perceptions of Land Ownership and Agricultural Decision-making in
           Ecuador: Who Are the Farm Managers?
    • Abstract: <p>By Jennifer Twyman, Pilar Useche, Carmen Diana Deere</p> Little is known about the relationship between land ownership and agricultural decision-making by gender largely because of the lack of appropriate individual-level data on these variables. At the core of the matter is the oversimplified view of farming systems and family structures that is embedded in household surveys and resultant studies of agricultural households.Studies in economics that investigate how much say a woman has in the household have focused primarily on the decisions to allocate consumption expenditures or to distribute time across the home and the market (McElroy and Horney 1981; Browning et al. 1994; Lundberg, Pollack, and Wales 1997). These studies often do not focus on agricultural ... <a href="">Read More</a>
      Keywords: Women in agriculture
      PubDate: 2015-07-13T00:00:00-05:00
  • Land Ownership as Insurance and the Market for Land: A Study in Rural
    • Abstract: <p>By Gwendoline Promsopha</p> The fear of food shortage has, in most precapitalist peasant societies, given rise to what might appropriately be termed a “subsistence ethic.” This ethic, which Southeast Asian peasants shared with their counterparts in nineteenth century France, Russia, and Italy, was a consequence of living so close to the margin.Few issues have been as intensely debated as the performance of rural land sale markets. The literature nonetheless agrees that rural land sale markets tend to be dysfunctional, as they steer an unfavorably high concentration of land into the hands of asset-rich households (Carter and Mesbah 1993; Deininger and Feder 2001; Deininger, Jin, and Nagarajan 2009). Moreover, the market development often ... <a href="">Read More</a>
      Keywords: Insurance
      PubDate: 2015-07-13T00:00:00-05:00
  • An Adding-up Test on Contingent Valuations of River and Lake Quality
    • Abstract: <p>By William Desvousges, Kristy Mathews, Kenneth Train</p> Contingent valuation (CV) is a survey procedure designed to estimate respondents’ willingness to pay (WTP) for natural resource services. See Carson and Hanemann (2005) for a review. One of the most prominent concerns about CV is whether the estimated WTP from CV studies varies adequately with the amount, extent, or, more generally, “scope,” of the environmental good.1 This concern was emphasized by a panel of experts that the National Oceanic and Atmospheric Administration (NOAA) convened for the purpose of making recommendations about the reliability of CV. The panel concluded that they would judge the findings of a CV study to be unreliable if it evidenced “inadequate responsiveness to the scope of the ... <a href="">Read More</a>
      PubDate: 2015-07-13T00:00:00-05:00
  • Economic and Spatial Effects of Land Value Taxation in an Urban Area: An
           Urban Computable General Equilibrium Approach
    • Abstract: <p>By Ki-Whan Choi, David L. Sjoquist</p> Given the limited reliance on land value taxation in the United States (Bourassa 2009), most of the research that addresses the effects of switching from a capital property tax to a land value tax is theoretical or involves numerical simulations; see Anderson (2009) for a review of the empirical literature. The models used in the simulation studies can be classified as either nonurban or urban. The former category includes the models of Follain and Miyake (1986), England (2003), Nechyba (1998), Haughwout (2004), and Wang (2011), while there are three papers, by Sullivan (1984, 1985) and DiMasi (1987), that incorporate an urban model in a computable general equilibrium (CGE) model. An urban CGE model, as opposed to ... <a href="">Read More</a>
      Keywords: Local taxation
      PubDate: 2015-07-13T00:00:00-05:00
  • Resistance to the Regulation of Common Water Resources in Rural Tunisia
    • Abstract: <p>By Xiaoying Liu, Mare Sarr, Timothy Swanson</p> When the interests of appropriators differ, achieving a self-governing solution to common-pool resource problems is particularly challenging.Cooperation regarding the use of common pool resources can be difficult to achieve. Sometimes the conditions for the generation of cooperation in the commons may exist, but the adoption of an effective management regime may be resisted by some groups or subgroups of users. Analysts have suggested that heterogeneity (e.g., spatial heterogeneity or wealth inequality) may be a fundamental factor in generating resistance to effective commons regulation (Johnson and Libecap 1982; Libecap and Wiggins 1985; Cardenas 2003). The main reason that heterogeneity matters is that different ... <a href="">Read More</a>
      Keywords: Water-supply, Agricultural
      PubDate: 2015-07-13T00:00:00-05:00
  • Accounting for Response Biases in Latent-Class Models for Choices and
    • Abstract: <p>By Maria A. Cunha-e-Sá, Luis C. Nunes, Vladimir Otrachshenko</p> Latent class models are frequently used to analyze survey data incorporating responses to choices and attitudinal questions, with the purpose of identifying classes of individuals with similar preferences and attitudes. Choice data are often obtained by asking respondents to select one out of a set of alternatives through some choice behavior process reflecting individuals’ preferences. On the other hand, attitudinal data are typically obtained using a discrete rating scale, such as the Likert scale.1 For each attitudinal question, respondents are asked to select the category that best reflects their reaction to a given statement.2 However, as many researchers have pointed out, the answers to the attitudinal ... <a href="">Read More</a>
      Keywords: Social surveys
      PubDate: 2015-07-13T00:00:00-05:00
  • Speculative Bubble Spillovers across Regional Housing Markets
    • Abstract: <p>By Ogonna Nneji, Chris Brooks, Charles W. R. Ward</p> In the last two decades, the housing market in the United States has been a major topic of discussion mainly due to the rapid increases and subsequent falls in house prices, especially between 2000 and 2010. Following the collapse of the information technology bubble in 2000, the Federal Reserve adopted an expansionary monetary policy, reducing short-term rates by almost five percentage points in less than two years. This, coupled with a relaxation of mortgage market practices, induced an aggressive rise in real estate prices in many parts of the United States.Beginning in the 1980s, the mortgage market in the United States changed substantially, such that while loans continued to be locally originated ... <a href="">Read More</a>
      Keywords: Regional economics
      PubDate: 2015-07-13T00:00:00-05:00
  • Reducing Deforestation and Forest Degradation: Leakage or Synergy?
    • Abstract: <p>By Philippe Delacote, Arild Angelsen</p> Agricultural expansion is responsible for the highest share of deforestation in the developing world (IPCC 2007; Rudel 2007; Angelsen 2009; Hosonuma et al. 2012). Effective policies aiming to reduce deforestation must therefore target agricultural expansion. However, when the agents of deforestation are poor agricultural households, they frequently mix their activities between agriculture and (sometimes illegal) forest products harvesting and poaching, which can lead to forest degradation (Godoy et al. 1997; Pattanayak and Sills 2001; Delacote 2007, 2009). In situations of imperfect markets, as frequently found in remote, forested areas, different activities are interlinked in household decision-making. In this ... <a href="">Read More</a>
      Keywords: Forest policy
      PubDate: 2015-07-13T00:00:00-05:00
  • Migration Pressure, Tenure Security, and Agricultural Intensification:
           Evidence from Indonesia
    • Abstract: <p>By Michael Grimm, Stephan Klasen</p> Indonesia has experienced rapid agricultural growth since 1960 (Hill 2000; Mundlak, Larson, and Butzer 2002; Timmer 2007). Between 1961 and 1998 the compound average annual growth rate stood at 3.4% in the aggregate and 1.4% in per capita terms (Mundlak, Larson, and Butzer 2002). This growth was marked by a significant expansion of land used; the adoption of new technologies such as irrigation, fertilizer, pesticides, and improved seeds; and changes in land use patterns, including increasing cultivation of various cash crops such as coffee and cocoa (Mundlak, Larson, and Butzer 2002). We explore some of the drivers underlying this growth in one part of Indonesia, Central Sulawesi. We focus in particular on land ... <a href="">Read More</a>
      Keywords: Labor market
      PubDate: 2015-07-13T00:00:00-05:00
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