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Quantifying the potential impacts of increasing agricultural fragmentation on land value

Versace, Vincent, Scarborough, Helen, Ierodiaconou, Daniel, O'Toole, Kevin, Wallis, Anne and Stagnitti, Frank 2011, Quantifying the potential impacts of increasing agricultural fragmentation on land value, in AARES 2011 : Australian Agricultural & Resource Economics Society 55th Annual Conference Handbook, Australian Agricultural and Resource Economics Society, [Melbourne, Vic.], pp. 1-19.

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Title Quantifying the potential impacts of increasing agricultural fragmentation on land value
Author(s) Versace, Vincent
Scarborough, Helen
Ierodiaconou, Daniel
O'Toole, Kevin
Wallis, Anne
Stagnitti, Frank
Conference name Australian Agricultural & Resource Economics Society. Conference (55th : 2011 : Melbourne, Vic.)
Conference location Melbourne, Vic
Conference dates 8-11 Feb. 2011
Title of proceedings AARES 2011 : Australian Agricultural & Resource Economics Society 55th Annual Conference Handbook
Editor(s) [Unknown]
Publication date 2011
Conference series Australian Agricultural and Resource Economics Society Conference
Start page 1
End page 19
Publisher Australian Agricultural and Resource Economics Society
Place of publication [Melbourne, Vic.]
Summary Societal expectations from rural lands have traditionally focused on the production of food and fibre. Yet the perception of rural areas is changing and they are now seen in many instances to be capable of delivering multiple functions or non‐commodity outputs including land conservation and the preservation of biodiversity, contributing to the sustainable management of renewable natural resources and enhancing the socio‐economic viability of many areas . The overall multi‐functionality is constrained or favoured by biophysical and socio‐economic drivers. As these types of drivers vary spatially and temporally, so does the functionality of the landscape and heterogeneous patterns emerge. Associated with multiple functions at a single location are a variety of pressures which can manifest themselves as conflict between interacting land uses. One such conflict in rural zones is that between agricultural use and residential use. Warrnambool City Council (WCC) is a Local Government Area (LGA) in southwest Victoria where the debate surrounding the best use of rural land is currently being debated. In a region where agriculture has historically been the mainstay of the economy there is some resistance to unplanned conversion to residential use. Despite concerns and much strategy being discussed it appears an investigation quantifying the impacts of these conversions is yet to be done. This paper addresses the issue of the allocation of land by using GIS mapping to incorporate economic, social and environmental attributes, and applying a theoretical economic framework for the optimal allocation of land to the comprehensive data set. Marginal values of land for competing purposes are estimated and discussed. The method is relevant for other regions where the rural/residential interface and associated planning decisions are highly topical.
Language eng
Field of Research 120504 Land Use and Environmental Planning
Socio Economic Objective 960607 Rural Land Evaluation
HERDC Research category E2 Full written paper - non-refereed / Abstract reviewed
Copyright notice ©2011, AARES
Persistent URL http://hdl.handle.net/10536/DRO/DU:30041784

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