000044137 001__ 44137 000044137 005__ 20180122210038.0 000044137 037__ $$a725-2016-49437 000044137 041__ $$aen 000044137 245__ $$aA Spatial Bayesian Hedonic Pricing Model of Farmland Values 000044137 260__ $$c2008 000044137 269__ $$a2008 000044137 300__ $$a8 000044137 336__ $$aConference Paper/ Presentation 000044137 520__ $$aIn 1973, British Columbia created the Agricultural Land Reserve (ALR) to protect farmland from development. This study investigates whether the ALR has been effective near the city of Victoria. Therefore, we employ a GIS-based hedonic pricing model and quantify ALR specific measures. Bayesian Model Averaging in combination with Markov Chain Monte Carlo Model Composition are used to address specification uncertainty. Results show that zoning schemes are partly credible. Zoned farmland sells for lower prices than other farmland. However, farmland located closer to the city of Victoria is priced higher and hobby farmers pay higher prices than conventional farmers. 000044137 542__ $$fLicense granted by Kayla Pearson (pears469@umn.edu) on 2008-10-14T16:28:56Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (“Work”). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (“University”), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author's Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000044137 650__ $$aLand Economics/Use 000044137 6531_ $$aFarmland prices 000044137 6531_ $$aBayesian Model Averaging 000044137 6531_ $$aHedonic pricing. 000044137 700__ $$aCotteleer, Geerte 000044137 700__ $$aStobbe, Tracy 000044137 700__ $$avan Kooten, G. Cornelis 000044137 8564_ $$s84386$$uhttp://ageconsearch.umn.edu/record/44137/files/237.pdf 000044137 887__ $$ahttp://purl.umn.edu/44137 000044137 909CO $$ooai:ageconsearch.umn.edu:44137$$pGLOBAL_SET 000044137 912__ $$nSubmitted by Kayla Pearson (pears469@umn.edu) on 2008-10-14T16:30:26Z No. of bitstreams: 1 237.pdf: 84386 bytes, checksum: 3e09e418ae3267689f7b37419f3a1f36 (MD5) 000044137 912__ $$nMade available in DSpace on 2008-10-14T16:30:26Z (GMT). No. of bitstreams: 1 237.pdf: 84386 bytes, checksum: 3e09e418ae3267689f7b37419f3a1f36 (MD5) Previous issue date: 2008 000044137 982__ $$gEuropean Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium 000044137 980__ $$a725