563,378 research outputs found

    Agent-Based Urban Land Markets: Agent's Pricing Behavior, Land Prices and Urban Land Use Change

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    We present a new bilateral agent-based land market model, which moves beyond previous work by explicitly modeling behavioral drivers of land-market transactions on both the buyer and seller sides; formation of bid prices (of buyers) and ask prices (of sellers); and the relative division of the gains from trade from the market transactions. We analyze model output using a series of macro-scale economic and landscape pattern measures, including land rent gradients estimated using simple regression models. We first demonstrate that our model replicates relevant theoretical results of the traditional Alonso/Von Thünen model (structural validation). We then explore how urban morphology and land rents change as the relative market power of buyers and sellers changes (i.e., we move from a 'sellers' market' to a 'buyers' market'). We demonstrate that these strategic price dynamics have differential effects on land rents, but both lead to increased urban expansion

    Agent-Based Urban Land Markets: Agent\'s Pricing Behavior, Land Prices and Urban Land Use Change

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    We present a new bilateral agent-based land market model, which moves beyond previous work by explicitly modeling behavioral drivers of land-market transactions on both the buyer and seller side; formation of bid prices (of buyers) and ask prices (of sellers); and the relative division of the gains from trade from the market transactions. We analyze model output using a series of macro-scale economic and landscape pattern measures, including land rent gradients estimated using simple regression models. We first demonstrate that our model replicates relevant theoretical results of the traditional Alonso/Von Th�nen model (structural validation). We then explore how urban morphology and land rents change as the relative market power of buyers and sellers changes (i.e., we move from a \'sellers\' market\' to a \'buyers\' market\'). We demonstrate that these strategic price dynamics have differential effects on land rents, but both lead to increased urban expansion.Location Choice, Urban Land Market, Agent-Based Computational Economics, Land Use, Land Rent Gradient, Spatial Simulation

    POSTPRODUCTIVISM AND RURAL LAND VALUES

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    There are a multitude of interdisciplinary values that people derive from rural land. Productivism focuses on the commodity values of rural land, such as the use of land as a commercial input into agricultural production, timber harvesting and mineral extraction. Productivistic uses and values of rural land have been the traditional focus of rural land policy and management in the United States. Many rural areas in the United States are moving into a postproductivism era. Postproductivism focuses on both commodity and amenity values of rural land. Amenity values of rural land include recreational, aesthetic and ecological service values. When a rural area moves from productivism to postproductivism, value conflicts may arise between individuals and groups who have different preferences with respect to commodity and amenity values. Traditional rural institutions may not be set up to effectively handle such conflicts. There is a need to explore what types of institutions may be most effective in resolving rural land use problems related to the different and often competing values people place on rural land and landscapes.postproductivism, rural land values and preferences, commodity values, amenity values, Land Economics/Use,

    Hearn from Leucadia to Martinique

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    The heart-rending story of an orphan with parents, and the many crooked and cruel twists of fate he suffers in the first forty years of life as he goes from a privileged childhood to a poverty-stricken manhood. From Greece, the story moves to Ireland, France and England, thence to Cincinnati where our hero becomes a sensationalist newspaperman and marries a black woman; thence to New Orleans for a decade of literary editing and finally to Martinique, that promised tropical land, where he finds it much easier to make love than work

    Cities without land markets : location and land use in the socialist city

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    The authors describe the structure of Russian cities after 70 years of Soviet development. This is the longest socialist experience on record and its results are of paramount interest to urban economists. In the absence of price signals and of economic incentives to recycle land over time, the administrative-command process has led to a startling pattern of land use. It's central feature is a perverse population density gradient, which rises as one moves away from the center of the city. (Driving from the center of Moscow, one passes through rings of Stalin-era, Krushchev-era, and then Brezhnev-era flats.) The Soviet city is also characterized by rusting factories in prime locations and high density residential areas in distant suburbs. Such a structure tends to maximize the economic and social inefficiency of the socialist city as well as its environmental ill effects. With market-oriented urban reform, real estate prices are now emerging. Their negative gradient signals again the massive scale of past land misallocation in the Soviet city. The experience of socialist cities is also a powerful warning about the ill effects of public ownership and the allocation of land to achieve the"socialization"of land rents.Environmental Economics&Policies,Municipal Financial Management,Banks&Banking Reform,National Urban Development Policies&Strategies,Urban Housing and Land Settlements,Environmental Economics&Policies,Banks&Banking Reform,Municipal Financial Management,Urban Housing and Land Settlements,National Urban Development Policies&Strategies

    Land Allocation Effects of the Global Ethanol Surge: Predictions from the International FAPRI Model

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    We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market multi-commodity international FAPRI model. The model incorporates the tradeoffs between biofuel, feed, and food production and consumption and international feedback effects of the emergence through world commodity prices and trade. We examine land allocation by type of crop, and pasture use for countries growing feedstock for ethanol (corn, sorghum, wheat, sugarcane, and other grains) and major crops competing with feedstock for land resources such as oilseeds. We shock the model with exogenous changes in ethanol demand, first in the United States, then in Brazil, China, EU, and India, and compute shock multipliers for land allocation decisions for crops and countries of interest. The multipliers show at the margin how sensitive land allocation is to the growing demand for ethanol. Land moves away from major crops and pasture competing for resources with feedstock crops. Because of the high U.S. tariff on ethanol, higher U.S. demand for ethanol translates into a U.S. ethanol production expansion. The latter has global effects on land allocation as higher coarse grains prices transmit worldwide. Changes in U.S. coarse grain prices also affect U.S. wheat and oilseeds prices, which are all transmitted to world markets. In contrast, expansion in Brazil ethanol use and production chiefly affects land used for sugarcane production in Brazil and to a lesser extent in other sugar-producing countries, but with small impact on other land uses in most countries. Keywords: Acreage, area, biofuel, corn, crops, ethanol, FAPRI model, feedstock, land, sugar, sugarcane. JEL Code: Q42 Q17 Q15ethanol; acreage; area; biofuel; corn; crops; FAPRI model; feedstock; land; sugar; sugarcane

    Land Allocation Effects of the Global Ethanol Surge: Predictions from the International FAPRI Model

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    We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market, multi-commodity international FAPRI (Food and Agricultural Policy Research Institute) model. The model incorporates the trade-offs between biofuel, feed, and food production and consumption and international feedback effects of the emergence through world commodity prices and trade. We examine land allocation by type of crop, and pasture use for countries growing feedstock for ethanol (corn, sorghum, wheat, sugarcane, and other grains) and major crops competing with feedstock for land resources such as oilseeds. We shock the model with exogenous changes in ethanol demand, first in the United States, then in Brazil, China, the European Union-25, and India, and compute shock multipliers for land allocation decisions for crops and countries of interest. The multipliers show at the margin how sensitive land allocation is to the growing demand for ethanol. Land moves away from major crops and pasture competing for resources with feedstock crops. Because of the high U.S. tariff on ethanol, higher U.S. demand for ethanol translates into a U.S. ethanol production expansion. The latter has global effects on land allocation as higher coarse grain prices transmit worldwide. Changes in U.S. coarse grain prices also affect U.S. wheat and oilseed prices, which are all transmitted to world markets. In contrast, expansion in Brazil ethanol use and production chiefly affects land used for sugarcane production in Brazil and to a lesser extent in other sugar-producing countries, but with small impacts on other land uses in most countries.acreage; area; biofuel; corn; crops; ethanol; FAPRI model; feedstock; land; sugar; sugarcane
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