Title page for ETD etd-05122004-101127

Type of Document Master's Thesis
Author Zhang, Xiaowei
Author's Email Address xizhang@vt.edu
URN etd-05122004-101127
Title The Effects of Conservation Easements on Land Values
Degree Master of Science
Department Agricultural and Applied Economics
Advisory Committee
Advisor Name Title
Geyer, Leighton L. Committee Chair
McGuirk, Anya M. Committee Member
Richardson, Jesse J. Committee Member
  • Land Value
  • Preservation of Open Space
  • Conservation Easement
Date of Defense 2004-05-05
Availability unrestricted
The Conservation easement has become a popular tool for land protection in the past few decades. Whether this development restriction will necessarily decrease the land value is an empirical question. This study employs a hedonic pricing approach to test empirically the effects of conservation easements on land values. The econometric results indicate that conservation easements can slightly increase the land values, but the effect is statistically insignificance. Considering the limited dataset, the interpretation of the results warrant some caution.
  Filename       Size       Approximate Download Time (Hours:Minutes:Seconds) 
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  CE_4.pdf 288.91 Kb 00:01:20 00:00:41 00:00:36 00:00:18 00:00:01

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