Arbeitspapier
Land Conversion and Market Equilibrium – Insights from a Simulated Landscape
We specify a system of equations that fully reflects the supply and demand sides of the market for agricultural open space at equilibrium. Although simple, the system is exceedingly flexible and allows for household and parcel heterogeneity. We derive an empirical model directly from the structural equations and contrast this using a simulated landscape with the econometric specification most often found in the literature. We then show how the model can be used to project land-use change into the future and for policy simulation. Finally, we use the model to examine the impact of common land conservation policies in Europe.
- ISBN
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978-3-86788-204-0
- Language
-
Englisch
- Bibliographic citation
-
Series: Ruhr Economic Papers ; No. 182
- Classification
-
Wirtschaft
General Regional Economics: Econometric and Input-Output Models; Other Models
Renewable Resources and Conservation: Land
- Subject
-
Land-use change
urban sprawl
simulation
Bodennutzung
Bodenökonomik
Bodenmarkt
Gleichgewichtstheorie
Simulation
Urbanisierung
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Iovanna, Richard
Vance, Colin
- Event
-
Veröffentlichung
- (who)
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Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (where)
-
Essen
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Iovanna, Richard
- Vance, Colin
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Time of origin
- 2010
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