dc.contributor.author |
Reed, LL
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dc.contributor.author |
Kleynhans, TE
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dc.date.accessioned |
2010-01-20T10:30:34Z |
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dc.date.available |
2010-01-20T10:30:34Z |
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dc.date.issued |
2009-09-30 |
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dc.identifier.citation |
Reed, LL and Kleynhans, TE. 2009. Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa. Agrekon, Vol.48(3), pp 323-342 |
en |
dc.identifier.uri |
http://hdl.handle.net/10204/3906
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dc.description |
Copyright: 2009 Agricultural Economics Association of South Africa |
en |
dc.description.abstract |
Purchases of agricultural land for diverse reasons, such as recreation or aesthetic appeal (collectively referred to as lifestyle purposes), has implications for agricultural land valuations, commercial agriculture and the acquisition of land for redistribution purposes. This paper reports on the extent of purchases of agricultural land for diverse reasons within an intensive and extensive agricultural farming area in the Western Cape, gathered through a survey of land buyers between January 2005 and October 2007. Descriptive statistics provide demographical information of buyers, their reasons for purchasing farms and the importance of specific characteristics of agricultural properties considered in such purchases. Analyses of variance convey more information regarding the different characteristics of agricultural properties considered by agricultural and lifestyle buyers. Survey results indicated that farm purchases for alternative purposes were substantial: more than half of all transactions in both the intensive and extensive area were for lifestyle reasons. Lifestyle buyers mostly rely on income from outside the agricultural sector for their livelihoods and financing of purchased properties, therefore they could focus on characteristics of farms unrelated to commercial agricultural production in their decision to buy agricultural properties. Characteristics such as the recreational opportunities provided by the property and its aesthetic beauty, including natural scenery, beautiful views and locations within a valley and set against a mountain, appealed to these buyers. |
en |
dc.language.iso |
en |
en |
dc.publisher |
Agricultural Economics Association of South Africa |
en |
dc.subject |
Multifunctionality |
en |
dc.subject |
Aesthetic appeal |
en |
dc.subject |
Lifestyle motivations |
en |
dc.subject |
Agriculture |
en |
dc.subject |
Farming |
en |
dc.title |
Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa |
en |
dc.type |
Article |
en |
dc.identifier.apacitation |
Reed, L., & Kleynhans, T. (2009). Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa. http://hdl.handle.net/10204/3906 |
en_ZA |
dc.identifier.chicagocitation |
Reed, LL, and TE Kleynhans "Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa." (2009) http://hdl.handle.net/10204/3906 |
en_ZA |
dc.identifier.vancouvercitation |
Reed L, Kleynhans T. Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa. 2009; http://hdl.handle.net/10204/3906. |
en_ZA |
dc.identifier.ris |
TY - Article
AU - Reed, LL
AU - Kleynhans, TE
AB - Purchases of agricultural land for diverse reasons, such as recreation or aesthetic appeal (collectively referred to as lifestyle purposes), has implications for agricultural land valuations, commercial agriculture and the acquisition of land for redistribution purposes. This paper reports on the extent of purchases of agricultural land for diverse reasons within an intensive and extensive agricultural farming area in the Western Cape, gathered through a survey of land buyers between January 2005 and October 2007. Descriptive statistics provide demographical information of buyers, their reasons for purchasing farms and the importance of specific characteristics of agricultural properties considered in such purchases. Analyses of variance convey more information regarding the different characteristics of agricultural properties considered by agricultural and lifestyle buyers. Survey results indicated that farm purchases for alternative purposes were substantial: more than half of all transactions in both the intensive and extensive area were for lifestyle reasons. Lifestyle buyers mostly rely on income from outside the agricultural sector for their livelihoods and financing of purchased properties, therefore they could focus on characteristics of farms unrelated to commercial agricultural production in their decision to buy agricultural properties. Characteristics such as the recreational opportunities provided by the property and its aesthetic beauty, including natural scenery, beautiful views and locations within a valley and set against a mountain, appealed to these buyers.
DA - 2009-09-30
DB - ResearchSpace
DP - CSIR
KW - Multifunctionality
KW - Aesthetic appeal
KW - Lifestyle motivations
KW - Agriculture
KW - Farming
LK - https://researchspace.csir.co.za
PY - 2009
T1 - Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa
TI - Agricultural land purchases for alternative uses – evidence from two farming areas in the Western Cape province, South Africa
UR - http://hdl.handle.net/10204/3906
ER -
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en_ZA |