OPTIMAL LAND CONVERSION AT THE RURAL-URBAN FRINGE WITH POSITIVE AND NEGATIVE AGRICULTURAL EXTERNALITIES
Resource information
Date of publication
Décembre 2000
Resource Language
ISBN / Resource ID
AGRIS:US2012211116
Bid-rent curves are incorporated in a stochastic dynamic programming model of land development around a city when farmland generates both positive and negative externalities. The model delineates how the quantities of land in
various uses over time should depend on the relative social weights assigned to the competing agricultural externalities.
