Estimation of nonmarket benefits of agricultural land retention in Eastern Canada

J. Michael Bowker; D.D. Didychuk

doi:10.1017/s1068280500002331

Treesearch

Estimation of nonmarket benefits of agricultural land retention in Eastern Canada

Informally Refereed

Authors:

J. Michael Bowker, D.D. Didychuk

Year:

1994

Type:

Scientific Journal

Station:

Southern Research Station

DOI:

https://doi.org/10.1017/s1068280500002331

Source:

Agricultural and Resource Economics Review: 218-225

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Abstract

We assess the nonmarket value for retention of farmland in the Moneton 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.

Citation

Bowker, J. Michael; Didychuk, D.D. 1994. Estimation of nonmarket benefits of agricultural land retention in Eastern Canada. Agricultural and Resource Economics Review: 218-225