The Effect of a Forest Conservation Regulation on the Value of Subdivisions in Maryland

نویسندگان

  • Ian Hardie
  • Cynthia Nickerson
چکیده

Profit-maximizing land developers are hypothesized to configure subdivisions to minimize the effects of a conservation regulation on developed land values, subject to their expectations about the demand for developed building lots. This hypothesis allows development of a hedonic price model that takes account of production adjustments. The model is applied to the Maryland Forest Conservation Act, which requires developers to retain or plant trees on part of the developed land. Being exempt from the Act allows developers to gain more for the subdivisions they develop: the cost to regulated developers is about six percent of the per-acre price of developed land. The Act has significantly lowered per-acre developed land values in subdivisions with a mixture of townhouses and singlefamily dwellings. Costs of the Act are reduced by provisions that allow developers to plant trees offsite or to pay fees in lieu of planting.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The effect of conservation on biodiversity indices of Gisum Forest Park and Dr. Dorostkar Warehouse in Talesh region

In order to investigate the effect of conservation on vegetation and biodiversity, two areas were studied. The main objectives of this study were to investigate the effect of conservation on biodiversity indicators. This study was conducted in two protected and unprotected areas with an area of ​​90 hectares. In order to harvest vegetation and biodiversity, systematic sampling method was used w...

متن کامل

Ethics and Participation in Natural Resources Protection

Background: Public participation in decisions regarding natural resources is the easiest way to ‎preserve these resources. It seems that having human of conservation ethics of natural resources, ‎has affect on their participation in the preservation of natural resources. This survey research was ‎done to investigate the relationship between conservation ethics of natural resources and ‎particip...

متن کامل

Assessment of the local communities’ knowledge on mangrove ecology

The Kuala Selangor mangrove forest are facing massive reclamation for economic development but the conservation aspect and fisheries values of mangroves have been ignored in the decision-making process. The local community support and awareness of the mangrove forest conservation are still doubtful. The aim of the study is to analyse the local community perception on the mangrove forest conserv...

متن کامل

Study of plantation effect on richness of herbaceous in forest area using biodiversity index in north of Iran

The depletion of forest in developing countries due to extended pastures, agricultural land, fuel wood and etc. is a serious concern. Therefore planting trees for reforestation and extended forest area is a essential assignment. Forest plantation with a basic criterion affects to understory plant diversity. This effects may make some species absent or appear. The objective of this study is to a...

متن کامل

Reading the Perception of Audience in Modern Conservation of Historical Monuments

According to the non-physical aspects of conservation in the world today and intangible effects were considered serious. Conservation process, but help to understand the purpose and effect of not reading, but perception is a matter of epistemological roots in philosophy and  in modern philosophy the process of understanding a monument-art conservation in connection with the audience is importan...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2004