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The Impact of Biofuels on the Propensity of Land-Use Conversion among Non-Industrial Private Forest Landowners in Florida

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  • Pancholy, Nishita
  • Thomas, Michael H.
  • Solis, Daniel
  • Stratis, Nicholas

Abstract

A hypothetical market for renting and converting forested land into row cropping for biofuel production revealed that nearly half of the 1,060 non-industrial landowners sampled in Florida are willing to accept payments for land type conversion and the resulting supply function is inelastic and positive. While respondent’s previous involvement with forest management cost-share program increased their probability of accepting payments for forest type conversion, those who indicated forest aesthetics as the primary reason for the land ownership were less likely to participate in this hypothetical market.

Suggested Citation

  • Pancholy, Nishita & Thomas, Michael H. & Solis, Daniel & Stratis, Nicholas, 2011. "The Impact of Biofuels on the Propensity of Land-Use Conversion among Non-Industrial Private Forest Landowners in Florida," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98526, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea11:98526
    DOI: 10.22004/ag.econ.98526
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    References listed on IDEAS

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    1. Shyamsundar, Priya & Kramer, Randall A., 1996. "Tropical Forest Protection: An Empirical Analysis of the Costs Borne by Local People," Journal of Environmental Economics and Management, Elsevier, vol. 31(2), pages 129-144, September.
    2. Joshi, Sudiksha & Arano, Kathryn G., 2009. "Determinants of private forest management decisions: A study on West Virginia NIPF landowners," Forest Policy and Economics, Elsevier, vol. 11(2), pages 132-139, March.
    3. Gregory, S. Amacher & Christine Conway, M. & Sullivan, Jay & Gregory, S. Amacher, 2003. "Econometric analyses of nonindustrial forest landowners: Is there anything left to study?," Journal of Forest Economics, Elsevier, vol. 9(2), pages 137-164.
    4. Alberini, Anna & Harrington, Winston & McConnell, Virginia, 1996. "Estimating an Emissions Supply Function from Accelerated Vehicle Retirement Programs," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 251-265, May.
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    Cited by:

    1. Galik, Christopher S., 2015. "Exploring the determinants of emerging bioenergy market participation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 107-116.
    2. Soto, Jose R. & Adams, Damian C., 2012. "Estimating the Supply of Forest Carbon Offsets: A Comparison of Best- Worst and Discrete Choice Valuation Methods," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124830, Agricultural and Applied Economics Association.
    3. Choudhury, Hari K. & Goswami, Kishor, 2013. "Determinants of expansion of area under jatropha plantation in North East India: A Tobit analysis," Forest Policy and Economics, Elsevier, vol. 30(C), pages 46-52.

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    Keywords

    Environmental Economics and Policy; Land Economics/Use;

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