Economic critique of U.S. prime farmland preservation policies. Towards state policies that influence productive, consumptive, and speculative value components of the farmland market to prevent urban sprawl and foster agricultural production in the United States

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29 Citations (Scopus)

Abstract

All states comprising the United States of America attempt to preserve prime agricultural farmland. An economic critique of the effectiveness of those policies is offered. It first creates a theoretical framework for evaluation. Farmland value has three components: productive use value which is the value of land for agricultural use, consumptive use value which is the value of the site as a single-family homesite to the owner whether the owner farms or not, and speculative use value which is that value over and above the first two for non-farm uses including urban development. Speculative use value and to a lesser extent consumptive use value stimulate urban sprawl. Special taxation, right-to-farm, development right acquisition, and agricultural zoning policies are critiqued using the theoretical framework. A set of policies is offered as having the greatest potential for achieving preferred results.

Original languageEnglish (US)
Pages (from-to)119-142
Number of pages24
JournalJournal of Rural Studies
Volume6
Issue number2
DOIs
StatePublished - 1990
Externally publishedYes

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farmland preservation
urban sprawl
agricultural production
urbanization
agricultural land
zoning policy
farm
agriculture
markets
economics
market
farmland values
urban development
agricultural use
Values
land values
farms
zoning
taxes
taxation

ASJC Scopus subject areas

  • Forestry
  • Development
  • Geography, Planning and Development
  • Sociology and Political Science

Cite this

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