Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan

In 2000, to efficiently implement land-use policies, the Taiwanese government amended the Agricultural Development Act by easing restrictions on agricultural land purchases. As a result of increasing land development and investment needs, agricultural land prices have surged. This study aims to exam...

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Main Authors: Chun-Chang Lee, Yi-Xin Chen, Yun-Ling Wu, Wen-Chih Yeh, Chih-Min Liang
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/9/12/474
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author Chun-Chang Lee
Yi-Xin Chen
Yun-Ling Wu
Wen-Chih Yeh
Chih-Min Liang
author_facet Chun-Chang Lee
Yi-Xin Chen
Yun-Ling Wu
Wen-Chih Yeh
Chih-Min Liang
author_sort Chun-Chang Lee
collection DOAJ
description In 2000, to efficiently implement land-use policies, the Taiwanese government amended the Agricultural Development Act by easing restrictions on agricultural land purchases. As a result of increasing land development and investment needs, agricultural land prices have surged. This study aims to examine whether agricultural land prices in Pingtung County are affected by land control policy measures, the pressure of agricultural land conversion and the degree of urbanization. A multilevel analysis approach was used to analyze land price differences in townships in Pingtung County. The estimation results derived from the null model indicated significant differences between the mean land price in each administrative division. Specifically, the ratio of agricultural land prices affected by differences in Level 2 township-related factors was 21.8%, while the ratio of those affected by differences in Level 1 land-related factors was 78.2%. An empirical intercepts-and-slopes-as-outcomes regression model demonstrated that Level 2 township-related factors, such as the pressure of agricultural land conversion and the degree of urbanization, had cross-level, direct and positive impacts on agricultural land prices; while Level 1 land-related factors, such as lot size control measures on farmhouse construction and land-use zoning, had positive and significant impacts on agricultural land prices.
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spelling doaj.art-279483e324704dd8826e8ed199e3bdc72023-11-20T22:17:33ZengMDPI AGLand2073-445X2020-11-0191247410.3390/land9120474Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in TaiwanChun-Chang Lee0Yi-Xin Chen1Yun-Ling Wu2Wen-Chih Yeh3Chih-Min Liang4Department of Real Estate Management, National Pingtung University, Pingtung 90004, TaiwanDepartment of Real Estate Management, National Pingtung University, Pingtung 90004, TaiwanDepartment of Real Estate Management, National Pingtung University, Pingtung 90004, TaiwanDepartment of Real Estate Management, HungKuo Delin University of Technology, New Taipei City 23654, TaiwanDepartment of Public Finance and Tax Administration, National Taipei University of Business, Taipei City 10478, TaiwanIn 2000, to efficiently implement land-use policies, the Taiwanese government amended the Agricultural Development Act by easing restrictions on agricultural land purchases. As a result of increasing land development and investment needs, agricultural land prices have surged. This study aims to examine whether agricultural land prices in Pingtung County are affected by land control policy measures, the pressure of agricultural land conversion and the degree of urbanization. A multilevel analysis approach was used to analyze land price differences in townships in Pingtung County. The estimation results derived from the null model indicated significant differences between the mean land price in each administrative division. Specifically, the ratio of agricultural land prices affected by differences in Level 2 township-related factors was 21.8%, while the ratio of those affected by differences in Level 1 land-related factors was 78.2%. An empirical intercepts-and-slopes-as-outcomes regression model demonstrated that Level 2 township-related factors, such as the pressure of agricultural land conversion and the degree of urbanization, had cross-level, direct and positive impacts on agricultural land prices; while Level 1 land-related factors, such as lot size control measures on farmhouse construction and land-use zoning, had positive and significant impacts on agricultural land prices.https://www.mdpi.com/2073-445X/9/12/474land control policypressure of agricultural land conversiondegree of urbanizationagricultural land pricesmultilevel analysis
spellingShingle Chun-Chang Lee
Yi-Xin Chen
Yun-Ling Wu
Wen-Chih Yeh
Chih-Min Liang
Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
Land
land control policy
pressure of agricultural land conversion
degree of urbanization
agricultural land prices
multilevel analysis
title Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
title_full Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
title_fullStr Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
title_full_unstemmed Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
title_short Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
title_sort multilevel analysis of the pressure of agricultural land conversion degree of urbanization and agricultural land prices in taiwan
topic land control policy
pressure of agricultural land conversion
degree of urbanization
agricultural land prices
multilevel analysis
url https://www.mdpi.com/2073-445X/9/12/474
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