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Estimation of the Nonmarket Benefits of Agricultural Land Retention in Eastern Canada

Published online by Cambridge University Press:  15 September 2016

J.M. Bowker  and
D.D. Didychuk
J.M. Bowker
Affiliation:
USDA Forest Service, Southeastern Forest Experiment Station, 320 Green Street, Athens, GA 30602-2044
D.D. Didychuk
Affiliation:
Farm Loan Board, Nova Scotia Department of Agriculture and Marketing, Box 550, Truro, Nova Scotia, CANADA B2N 5E3
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Abstract

We assess the nonmarket value for retention of farmland in the Moncton area of New Brunswick. We examine a number of factors explaining household external values for farmland preservation and expand on previous work by Beasley et al., Bergstrom et al., and Halstead. Our findings indicate that the marginal external benefit of preserving farmland in general in this region is small compared to the market price and that spatial embedding is not automatic in contingent valuation studies.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 23 , Issue 2 , October 1994 , pp. 218 - 225
Copyright
Copyright © 1994 Northeastern Agricultural and Resource Economics Association 

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