A Hedonic Study of the Effects of Erosion Control and Drainage on Farmland Values
利用北卡罗来纳州数据,通过特征价格模型评估侵蚀控制和排水对农田价值的影响,发现两者均显著影响地价,并与其它研究结果进行了比较。
Abstract Valuing farmland improvements is important for individual farmers and policy makers. This paper demonstrates the use of a hedonic land value study to determine the value of erosion control and drainage using data from North Carolina. Land values are significantly affected by both potential erosivity and drainage requirements. This study's estimates are compared with estimates derived from a variety of other types of studies.