Research Paper #2007-1
This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on agricultural land values and downward pressure on the stock of agricultural land. Farm performance and some farmland protection policies were not effective in limiting farmland development.
Digital Commons Citation
Hailu, Yohannes G. and Cheryl Brown, "Impacts of Regional Growth on Farmland Development in the Northeast U.S." (2007). Regional Research Institute Working Papers. 102.