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Does the conservation of land reduce development? An econometric-based landscape simulation with land market feedbacks
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2017
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Source: Journal of Environmental Economics and Management, 81, 19-37
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Journal Title:Journal of Environmental Economics and Management
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Description:We use an econometrically-based landscape simulation to investigate the effect of conservation on the net change in local development – the amount of land directly protected from development minus the amount of development that may occur on neighboring unprotected private land in response to conservation. First, we use spatial-panel data from Wisconsin to estimate parcel-level subdivision probabilities and density expectations, controlling for the endogenous location of open space. Second, we use these subdivision probabilities and density expectations in a landscape simulation model. Our simulation results indicate that 57% of conserved open space created between 1978 and 2009 generated close to zero net change in local development. This suggests that conserved open space mostly reallocated development in a small neighborhood (in a half-mile radius) rather than altering the total amount of development. We explore the landscape conditions that may lead to conservation having either a positive or negative effect on local development.
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Source:Journal of Environmental Economics and Management, 81, 19-37
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DOI:
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ISSN:0095-0696
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Rights Information:Accepted Manuscript
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Compliance:Library
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