The Effects of Farmland, Farmland Preservation, and Other Neighborhood Amenities on Housing Values and Residential Growth
利用联合分析数据，估计了邻近农业用地、永久农田保护以及公园、通勤时间、学校质量和安全等邻里特征对住房价值的补偿性变化，发现城郊地区农田丰富会吸引住宅开发，但保护小地块农田仅在短通勤且剩余农田少的地区促进增长。
<i>Using data from a conjoint instrument, we estimate compensating variation for the presence of neighboring land that is dedicated to agricultural use (versus developed uses), the preservation of surrounding farmland as permanent cropland, and key neighborhood characteristics such as neighborhood parks, commute times, school quality, and safety. We find that rural-urban fringe areas that are located within commuting distance of urban areas and that have an abundance of farmland could attract residential development. Typical preservation efforts, featuring small parcels of preserved farmland, would induce further residential growth only for areas with short commutes and small amounts of remaining farmland.</i>