Lost ground, lost value: Investigating the relationship between soil erosion and agricultural land value
Le Chen et al.
Abstract
This study examines the impact of soil erosion on agricultural land values in the United States (US) Midwest. Based on a novel county‐level panel data set with information on soil erosion levels and agricultural land values covering five census years (1997, 2002, 2007, 2012, and 2017), we separately investigate the direct effect of two types of soil erosion—water and wind erosion—on county‐level average agricultural land values. Linear panel fixed effects econometric models and a number of robustness checks are used to achieve the study objective. We find that increasing soil erosion levels have a statistically significant negative impact on agricultural land values at the county level. Our findings confirm that damages to the soil from water or wind erosion are capitalized into lower farmland values. The study provides new insights in terms of further understanding the economic damages due to soil erosion and the likely benefits from soil erosion control.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.