A MODEL TO EXPLAIN PARTICIPATION IN NEW YORK'S AGRICULTURAL DISTRICTS AND USE-VALUE ASSESSMENT PROGRAMS
Logit regression models are estimated to identify factors affecting decisions to enroll farmland in New York's agricultural districts program and participate in the use-value assessment program. The results suggest that the districts law is consistent with preserving the best farmland at the rural-urban fringe and that the decision to enroll in agricultural districts affects in a recursive fashion the decision to participate in the use-value assessment program. Short-term monetary gains are the overriding considerations in applying for use-value exemptions. This may lead to additional erosion of the tax base via tax preferences for agricultural land.
Year of publication: |
1988
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Authors: | Boisvert, Richard N. ; Bills, Nelson L. ; Bailey, Elizabeth |
Published in: |
Northeastern Journal of Agricultural and Resource Economics. - Northeastern Agricultural and Resource Economics Association - NAREA. - Vol. 17.1988, 2
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Publisher: |
Northeastern Agricultural and Resource Economics Association - NAREA |
Keywords: | Land Economics/Use |
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