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Estimation Of The Nonmarket Benefits Of Agricultural Land Retention In Eastern Canada

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  • Bowker, James Michael
  • Didychuk, D.D.

Abstract

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

Suggested Citation

  • Bowker, James Michael & Didychuk, D.D., 1994. "Estimation Of The Nonmarket Benefits Of Agricultural Land Retention In Eastern Canada," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-8, October.
    • Handle: RePEc:ags:arerjl:31438
    DOI: 10.22004/ag.econ.31438
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    References listed on IDEAS

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    6. Halstead, John M., 1984. "Measuring the Nonmarket Value of Massachusetts Agricultural Land: A Case Study," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-8, April.
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