IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v12y2023i7p1431-d1195778.html
   My bibliography  Save this article

The Value of Agricultural Areas: An Estimation Model of the Area to the Southeast of the City of Bari

Author

Listed:
  • Sebastiano Carbonara

    (Department of Architecture, G. d’Annunzio University, 65127 Pescara, Italy)

  • Davide Stefano

    (Department of Architecture, G. d’Annunzio University, 65127 Pescara, Italy)

  • Michele Fischetti

    (Regione Puglia, Sezione Demanio e Patrimonio, 70121 Bari, Italy)

  • Lucia Della Spina

    (Department of Cultural Heritage, Architecture, Urban Planning, Mediterranea University of Reggio Calabria, 89124 Reggio Calabria, Italy)

Abstract

The role of agricultural activities in countries with mature economies suggests, on the one hand, the traditional role of producing foodstuffs and dietary fibers; on the other, it speaks to the offering of landscape, cultural, recreational, and environmental services. The member states of the European Union have for some time derogated the control of agricultural processes to EU decision-making, within an overarching vision that recalls both roles of this primary activity. The COVID-19 pandemic and the Russia–Ukraine military crisis have heightened the urgency to protect national agricultural production and guarantee minimum levels of agricultural provisions. In Italy, this orientation clashes with practices of unauthorized construction, favored by policies of “building amnesties”, and the pressure exercised on urban growth that, particularly in fringe areas, modifies the mercantile nature of agricultural lands. This paper examines the theme in operative terms, analyzing an urban fringe in the city of Bari. The use of multiple regression analysis, applied to the agricultural land market, evidenced how prices in these areas are clearly impacted by their potential transformation into buildable terrains, even when urban plans do not foresee this use.

Suggested Citation

  • Sebastiano Carbonara & Davide Stefano & Michele Fischetti & Lucia Della Spina, 2023. "The Value of Agricultural Areas: An Estimation Model of the Area to the Southeast of the City of Bari," Land, MDPI, vol. 12(7), pages 1-11, July.
    • Handle: RePEc:gam:jlands:v:12:y:2023:i:7:p:1431-:d:1195778
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/12/7/1431/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2073-445X/12/7/1431/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lucia Della Spina & Sebastiano Carbonara & Davide Stefano & Angela Viglianisi, 2023. "Sustainable Collaborative Strategies of Territorial Regeneration for the Cultural Enhancement of Unresolved Landscapes," Land, MDPI, vol. 12(2), pages 1-20, February.
    2. Geerte Cotteleer & Cornelis Gardebroek & Jan Luijt, 2008. "Market Power in a GIS-Based Hedonic Price Model of Local Farmland Markets," Land Economics, University of Wisconsin Press, vol. 84(4), pages 573-592.
    3. Yu-Hui Chen & Chun-Lin Lee & Guan-Rui Chen & Chiung-Hsin Wang & Ya-Hui Chen, 2018. "Factors Causing Farmland Price-Value Distortion and Their Implications for Peri-Urban Growth Management," Sustainability, MDPI, vol. 10(8), pages 1-18, August.
    4. Beth Cole & Geoff Smith & Bestabé de la Barreda-Bautista & Alexandra Hamer & Matthew Payne & Thomas Codd & Sarah C. M. Johnson & Lok Yung Chan & Heiko Balzter, 2022. "Dynamic Landscapes in the UK Driven by Pressures from Energy Production and Forestry—Results of the CORINE Land Cover Map 2018," Land, MDPI, vol. 11(2), pages 1-24, January.
    5. Sebastiano Carbonara & Marco Faustoferri & Davide Stefano, 2021. "Real Estate Values and Urban Quality: A Multiple Linear Regression Model for Defining an Urban Quality Index," Sustainability, MDPI, vol. 13(24), pages 1-17, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xiaoyu Xu & Luyao Wang & Kai Zhao, 2020. "Exploring Determinants of Consumers’ Platform Usage in “Double Eleven” Shopping Carnival in China: Cognition and Emotion from an Integrated Perspective," Sustainability, MDPI, vol. 12(7), pages 1-18, April.
    2. Élodie Letort & Chalachew Temesgen, 2014. "Influence of environmental policies on farmland prices in the Bretagne region of France," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 95(1), pages 77-109.
    3. repec:zbw:inwedp:582015 is not listed on IDEAS
    4. Stefan Seifert & Christoph Kahle & Silke Hüttel, 2021. "Price Dispersion in Farmland Markets: What Is the Role of Asymmetric Information?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1545-1568, August.
    5. Dieter Pennerstorfer, 2022. "Farm exits and competition on the land market: Evidence from spatially explicit data," Economics working papers 2022-09, Department of Economics, Johannes Kepler University Linz, Austria.
    6. Manuel Alméstar & Sara Romero-Muñoz & Nieves Mestre & Uriel Fogué & Eva Gil & Amanda Masha, 2023. "(Un)Likely Connections between (Un)Likely Actors in the Art/NBS Co-Creation Process: Application of KREBS Cycle of Creativity to the Cyborg Garden Project," Land, MDPI, vol. 12(6), pages 1-25, May.
    7. David Boto-García & Veronica Leoni, 2023. "The Economic Value of Coastal Amenities: Evidence from Beach Capitalization Effects in Peer-to-Peer Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(2), pages 529-557, February.
    8. Lee, Brian & Chang, Hung-Hao & Wang, Szu-Yung, 2021. "Solar power promotion plans, energy market liberalization, and farmland prices – Empirical evidence from Taiwan," Energy Economics, Elsevier, vol. 99(C).
    9. Marlene Kionka & Martin Odening & Jana Plogmann & Matthias Ritter, 2021. "Measuring liquidity in agricultural land markets," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 82(4), pages 690-713, September.
    10. Steegmans, Joep & Hassink, Wolter, 2017. "Financial position and house price determination: An empirical study of income and wealth effects," Journal of Housing Economics, Elsevier, vol. 36(C), pages 8-24.
    11. Shingo Yoshida & Hironori Yagi, 2023. "Effects of Sustainability Practices on Farm Continuity in Urban Agriculture: From the Creating Shared Value Perspective," Sustainability, MDPI, vol. 15(21), pages 1-20, October.
    12. Paul Feichtinger & Klaus Salhofer, 2016. "The Fischler Reform of the Common Agricultural Policy and Agricultural Land Prices," Land Economics, University of Wisconsin Press, vol. 92(3), pages 411-432.
    13. Marlene Kionka, Todd Kuethe, Oliver Mußhoff, Matthias Ritter, Martin Odening, 2022. "Bargaining Power in the Agricultural Land Market," 2022 Agricultural and Rural Finance Markets in Transition, October 17-18, 2022, Detroit, Michigan 329249, Regional Research Committee NC-1177 (formerly NC-1014): Agricultural and Rural Finance Markets in Transition.
    14. Lucia Della Spina, 2024. "A Decision Support Evaluation Framework for Community-Based Collaborative Urban Regeneration Processes," Sustainability, MDPI, vol. 16(15), pages 1-25, July.
    15. Kionka, Marlene & Kuethe, Todd H. & Musshoff, Oliver & Odening, Martin & Ritter, Matthias, 2022. "Bargaining Power in the Agricultural Land Rental Market," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322186, Agricultural and Applied Economics Association.
    16. Lars Isenhardt & Stefan Seifert & Silke Hüttel, 2023. "Tenant Favoritism and Right of First Refusals in Farmland Auctions: Competition and Price Effects," Land Economics, University of Wisconsin Press, vol. 99(2), pages 302-324.
    17. Franziska Appel & Alfons Balmann, 2023. "Predator or prey? Effects of farm growth on neighbouring farms," Journal of Agricultural Economics, Wiley Blackwell, vol. 74(1), pages 214-236, February.
    18. Elizabeth Jean Taylor, 2016. "Urban Growth Boundaries and Betterment: Rent-Seeking by Landowners on Melbourne's Expanding Urban Fringe," Growth and Change, Wiley Blackwell, vol. 47(2), pages 259-275, June.
    19. Kvartiuk, Vasyl & Herzfeld, Thomas & Bukin, Eduard, 2022. "Decentralized public farmland conveyance: Rental rights auctioning in Ukraine," Land Use Policy, Elsevier, vol. 114(C).
    20. Wen, Lanjiao & Yang, Shenjie & Qi, Mengna & Zhang, Anlu, 2024. "How does China’s rural collective commercialized land market run? New evidence from 26 pilot areas, China," Land Use Policy, Elsevier, vol. 136(C).
    21. Plogmann, Jana & Mußhoff, Oliver & Odening, Martin & Ritter, Matthias, 2022. "Farm growth and land concentration," Land Use Policy, Elsevier, vol. 115(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:12:y:2023:i:7:p:1431-:d:1195778. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.