Agricultural Land Use Choice: A Discrete Choice Approach

Roger Claassen · Abebayehu Tegene

36 citations0/0 files storedAgricultural and Resource Economics Review

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Agricultural economics and policies Agricultural Economics and Policy Socioeconomics of Resources and Conservation

Abstract

A discrete choice model and site-specific data are used to analyze land use choices between crop production and pasture in the Corn Belt. The results show that conversion probabilities depend on relative returns, land quality, and government policy. In general it is found that landowners are less inclined to remove land from crop production than to convert land to crop production.

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2019American Economic Review 1986Econometric Modeling of the Capitalization Formula for Farmland Prices 2017Unintended Impacts of Public Investments on Private Decisions: The Depletion of Forested Wetlands 1989Land as a Differentiated Factor of Production: A Hedonic Model and Its Implications for Welfare Measurement 1993Understanding Farmland Price Changes 1997Land Use with Heterogeneous Land Quality: An Application of an Area Base Model 1991Formally Testing the Present Value Model of Farmland Prices 1996The Effect of Agricultural Policies on Land Use and Environmental Quality

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2007Enduring Impacts of Land Retirement Policies: Evidence from the Conservation Reserve Program

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