How Much Influence Does Recreation Have on Agricultural Land Values?

Pam Guiling, Wade Brorsen, and Damona Doye ( February, 2007 )

Summary

Agricultural land has many uses, including agricultural production, recreation and potentially urban conversion. In some areas, the primary value of agricultural land is its potential to be converted to commercial or residential uses. While it is known that agricultural land prices have generally increased over time, the determining factors contributing to the increases are less well known. This study determines the relative importance of agricultural, recreational, and urban conversion values in determining Oklahoma land prices.

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Details

Publisher

Oklahoma State University

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671

Material Type

Written Material