Work

Gradual Land-use Change in New Zealand: Results from a Dynamic Econometric Model

Year: 2012

Type: report

Abstract: Rural land use is important for New Zealands economic and environmental outcomes. Using a dynamic econometric model and recent New Zealand data, we estimate the response of land use to changing economic returns as proxied by relevant commodity prices. Because New Zealand is small, export prices are credibly exogenous. We show that land use responses can be slow. Our result implies that policy-induced land-use change is likely to be slow or costly.

Source: Motu working paper

DOI: 10.29310/wp.2012.06

Authors: Suzi Kerr, Alex Olssen

Institution: Motu Economic and Public Policy Research

Language: English

Topic: Agricultural economics and policies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

Funder: Ministerio de Ciencia e Innovación