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Economics of Compensation in Development Rights Programs

Published online by Cambridge University Press:  10 May 2017

Barry C. Field  and
Jon M. Conrad
Barry C. Field
Affiliation:
Department of Food and Resource Economics, University of Massachusetts, Amherst
Jon M. Conrad
Affiliation:
Department of Food and Resource Economics, University of Massachusetts, Amherst
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Extract

Interest in land-use planning and control in the United States has recently shifted to a variety of non-conventional tools in an attempt to attain results that have eluded older techniques such as traditional zoning. A major land-use objective has been to continue certain existing land uses in the face of market pressures to convert to more intensive uses. This has been the case, for example, with ecologically fragile areas such as wetlands, or environmentally valuable areas such as scenic land, which are also economically attractive for development into housing or industrial property. In recent years interest has also turned to preservation of agricultural land, particularly in areas near urban concentrations that are feeling the effects of urban sprawl.

Type
Resource and Environmental Economics
Information
Journal of the Northeastern Agricultural Economics Council , Volume 4 , Issue 2 , October 1975 , pp. 185 - 194
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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References

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