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The Impact of Climate Change on Land Markets, Urbanization Patterns, and Agricultural Outcomes.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Impact of Climate Change on Land Markets, Urbanization Patterns, and Agricultural Outcomes./
Author:	Hua, Junyi.
Description:	1 online resource (159 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 85-04, Section: A.
Contained By:	Dissertations Abstracts International85-04A.
Subject:	Urban planning. -
Online resource:	click for full text (PQDT)
ISBN:	9798380596664

The Impact of Climate Change on Land Markets, Urbanization Patterns, and Agricultural Outcomes.
Hua, Junyi.

The Impact of Climate Change on Land Markets, Urbanization Patterns, and Agricultural Outcomes. - 1 online resource (159 pages)

Source: Dissertations Abstracts International, Volume: 85-04, Section: A.

Thesis (Ph.D.)--The Ohio State University, 2023.

Includes bibliographical references

This dissertation seeks to explore the interrelationships between housing supply, the environment, and policy to address real-world challenges including climate change, water quality, and urban sprawl. To do this, my dissertation explores issues of sustainable economic growth from the perspective of land use management in both the short and long run. All three essays explore how farmers or landowners respond to changes in climate factors and changes in the surrounding urbanizing landscape.In Chapter 2, I empirically examine farmers' responsiveness and adaptation to changes in the urban landscape and climate by recovering the effect of urbanization on additionality attributable to government payments for best management practice adoption to protect water quality. Using a unique, farm-level survey in Pennsylvania of 6,782 farms conducted in 2016, I apply nearest-neighbor matching estimators and find a heterogeneous, positive, and significant effect on the adoption of riparian buffers and stream fencing due to government subsidies. I also find less additionality attributable to government payments in more urban areas and develop a regulatory avoidance model to explain this finding. I am the first to shed light on the urbanization pathway as a potential driver of heterogeneity in additionality, highlighting a new avenue to understand farmer behavior in the urbanizing agricultural landscape.In Chapter 3, I develop a structural duration model to estimate a landowner's decision to convert undeveloped land into residential development using data from 2007 to 2019 for four urbanizing Pennsylvania counties in the Chesapeake Bay Watershed. I innovate on the existing literature by addressing both land price and housing price endogeneity using a control function approach suitable for use in nonlinear models. To form instruments, I rely on spatial housing market interconnections to link distant demand drivers to local housing prices and the exogeneity of long-term climate to instrument for land prices. To highlight the importance of agricultural land markets, climate, and weather on the optimal timing of land conversion, I use the parameter estimates to simulate residential development outcomes under hypothetical policy changes in the equilibrium housing and land price indices. For policymakers, this result accentuates the importance of agricultural and urban policy interactions on urban development patterns in the face of climate change.In Chapter 4, I investigate the heterogeneous long-term microclimate effects on agricultural land values along the urban gradient in a Ricardian model of land values. To identify the microclimate and urbanization effects, I use private transactions of farms obtained from Corelogic to estimate land price indices and derive microclimate variables across the Chesapeake Bay Watershed. My primary results indicate the existence of urban climates effects on farmland value in areas with more urbanized surface and seasonal heterogeneous effects across geographies. For policymakers interested in urban and peri-urban agriculture, understanding the effects of urban microclimate may help develop targeted interventions that differ across the urban-rural gradient to reduce potential negative impacts due to climate change.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798380596664Subjects--Topical Terms:

1180826
Urban planning.
Subjects--Index Terms:

Additionality attributableIndex Terms--Genre/Form:

554714
Electronic books.

The Impact of Climate Change on Land Markets, Urbanization Patterns, and Agricultural Outcomes.
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504 $a Includes bibliographical references
520 $a This dissertation seeks to explore the interrelationships between housing supply, the environment, and policy to address real-world challenges including climate change, water quality, and urban sprawl. To do this, my dissertation explores issues of sustainable economic growth from the perspective of land use management in both the short and long run. All three essays explore how farmers or landowners respond to changes in climate factors and changes in the surrounding urbanizing landscape.In Chapter 2, I empirically examine farmers' responsiveness and adaptation to changes in the urban landscape and climate by recovering the effect of urbanization on additionality attributable to government payments for best management practice adoption to protect water quality. Using a unique, farm-level survey in Pennsylvania of 6,782 farms conducted in 2016, I apply nearest-neighbor matching estimators and find a heterogeneous, positive, and significant effect on the adoption of riparian buffers and stream fencing due to government subsidies. I also find less additionality attributable to government payments in more urban areas and develop a regulatory avoidance model to explain this finding. I am the first to shed light on the urbanization pathway as a potential driver of heterogeneity in additionality, highlighting a new avenue to understand farmer behavior in the urbanizing agricultural landscape.In Chapter 3, I develop a structural duration model to estimate a landowner's decision to convert undeveloped land into residential development using data from 2007 to 2019 for four urbanizing Pennsylvania counties in the Chesapeake Bay Watershed. I innovate on the existing literature by addressing both land price and housing price endogeneity using a control function approach suitable for use in nonlinear models. To form instruments, I rely on spatial housing market interconnections to link distant demand drivers to local housing prices and the exogeneity of long-term climate to instrument for land prices. To highlight the importance of agricultural land markets, climate, and weather on the optimal timing of land conversion, I use the parameter estimates to simulate residential development outcomes under hypothetical policy changes in the equilibrium housing and land price indices. For policymakers, this result accentuates the importance of agricultural and urban policy interactions on urban development patterns in the face of climate change.In Chapter 4, I investigate the heterogeneous long-term microclimate effects on agricultural land values along the urban gradient in a Ricardian model of land values. To identify the microclimate and urbanization effects, I use private transactions of farms obtained from Corelogic to estimate land price indices and derive microclimate variables across the Chesapeake Bay Watershed. My primary results indicate the existence of urban climates effects on farmland value in areas with more urbanized surface and seasonal heterogeneous effects across geographies. For policymakers interested in urban and peri-urban agriculture, understanding the effects of urban microclimate may help develop targeted interventions that differ across the urban-rural gradient to reduce potential negative impacts due to climate change.
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538 $a Mode of access: World Wide Web
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650 4 $a Land use planning. $3 1182560
653 $a Additionality attributable
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653 $a Housing supply
653 $a Agricultural land markets
653 $a Duration model
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