Responsiveness of rural and urban land uses to land rent determinants in the US south

Citation
I. Hardie et al., Responsiveness of rural and urban land uses to land rent determinants in the US south, LAND ECON, 76(4), 2000, pp. 659-673
Citations number
49
Categorie Soggetti
EnvirnmentalStudies Geografy & Development
Journal title
LAND ECONOMICS
ISSN journal
00237639 → ACNP
Volume
76
Issue
4
Year of publication
2000
Pages
659 - 673
Database
ISI
SICI code
0023-7639(200011)76:4<659:RORAUL>2.0.ZU;2-Q
Abstract
Ricardian and von Thunen land rent models are combined into a single land u se share model including farm, forest, and urban land uses. The land share model is applied to the Southern United States, and elasticities are extrac ted that measure land share response to changes in population, income, land values, prices, and costs in counties with different degrees of urbanizati on. The study explores the effect of treating either rural or urban land as a residual use. While this practice is common in existing land use studies , it is found to significantly affect parameter estimates in this county-le vel analysis.