- Series Information
- List of Contributors
- Introduction: Land as an Integrating Theme in Economics
- Integrating Regional Economic Development Analysis and Land Use Economics
- Technology Adoption and Land Use
- Are Large Metropolitan Areas Still Viable?
- Modeling the Land Use Change with Biofuels
- Modeling the Determinants of Farmland Values in the United States
- Land Use and Sustainable Economic Development: Developing World
- The Economics of Wildlife Conservation
- Connecting Ecosystem Services to Land Use: Implications for Valuation and Policy
- Land Use and Climate Change
- Land Use, Climate Change, and Ecosystem Services
- Fire: An Agent and a Consequence of Land Use Change
- Land Use and Municipal Profiles
- An Assessment of Empirical Methods for Modeling Land Use
- Equilibrium Sorting Models of Land Use and Residential Choice
- Landscape Simulations with Econometric-Based Land Use Models
- An Economic Perspective on Agent-Based Models of Land Use and Land Cover Change
- Spatial Econometric Modeling of Land Use Change
- Using Quasi-Experimental Methods to Evaluate Land Policies: Application to Maryland’s Priority Funding Legislation
- Applying Experiments to Land Economics: Public Information and Auction Efficiency in Ecosystem Service Markets
- Open Space Preservation: Direct Controls and Fiscal Incentives
- Land Conservation in the United States
- European Agri-Environmental Policy: The Conservation and Re-Creation of Cultural Landscapes
- Agri-Environmental Policies: A Comparison of US and EU Experiences
- Stigmatized Sites and Urban Brownfield Redevelopment
- Regulatory Takings
- Eminent Domain and the Land Assembly Problem
- Future Research Directions in Land Economics
- Subject Index
Abstract and Keywords
Agri-environment policy was introduced in the European Union (EU) in the mid-1980s under the Common Agricultural Policy (CAP) in response to agricultural surpluses and declining environmental standards. They are implemented in all 27 Member States, incurring some €24 billion expenditure over the period 2007–13. Schemes offer voluntary environmental contracts to farmers who accept management conditions in return for annual payments. Policy aims generally to promote land conservation by means of detailed changes in agricultural land management. Effective implementation faces a number of challenges: promoting appropriate management changes, addressing problems of asymmetric information, and optimizing transactions costs. Debate continues as to the extent of environmental benefits achieved, and there has been relatively little comprehensive evaluation. Future policy will need to enhance the efficiency of schemes through more targeted payments, greater competition, coordination over larger areas of land, and more security for the environmental gains achieved.
Ian Hodge is Professor in the Department of Land Economy at University of Cambridge.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.