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Landowner Benefits from Use-Value Assessment under the California Land Conservation Act

Author

Listed:
  • S. I. Schwartz
  • David E. Hansen
  • T. C. Foin

Abstract

The factors that determine the size of benefits to landowners who participate in the use-value assessment program under the California Land Conservation Act are identified, and the level of benefits available to landowners is calculated for several cropping patterns in Sacramento County. Possibilities for decisionmakers to increase participation by altering benefits is examined through a sensitivity analysis on the factors that determine benefit levels. It is concluded that little opportunity exists for decisionmakers to influence enrollment significantly except through measures that influence land values or development expectations of landowners.

Suggested Citation

  • S. I. Schwartz & David E. Hansen & T. C. Foin, 1976. "Landowner Benefits from Use-Value Assessment under the California Land Conservation Act," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 170-178.
    • Handle: RePEc:oup:ajagec:v:58:y:1976:i:2:p:170-178.
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    File URL: http://hdl.handle.net/10.2307/1238967
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    Cited by:

    1. Bigelow, Daniel P. & Kuethe, Todd, 2023. "The impact of preferential farmland taxation on local public finances," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    2. Gustafson, Gregory C., 1977. "Land-Use Policy and Farmland Retention: The United States' Experience," Miscellaneous Publications 329531, United States Department of Agriculture, Economic Research Service.
    3. Daniel P. Bigelow & Todd Kuethe, 2020. "A Tale of Two Borders: Use‐Value Assessment, Land Development, and Irrigation Investment," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(5), pages 1404-1424, October.
    4. Clayton, Kenneth C. & Milon, J. Walter, 1979. "Agriculture and the Property Tax: Theoretical Issues and Empirical Evidence," Staff Paper Series 239309, University of Florida, Food and Resource Economics Department.

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