Abstract
The function of the localized agricultural resources have two characteristics. One is agricultural productivity function, while the other is non-agricultural productivity function well-known as external effect. These external effect for localized agricultural resources appears as the level for residential environment. The main objective of this study is to make an economic analysis of agricultural resources in Kasama city, Ibaraki prefecture. Additionally it is aimed to confirme the relation between the agricultural external effect and agricultural land use. Simmilary it is aimed to make clear appearance process of external effect of agricultural resources on residential environment. The results of this analysis can be summarized as follows. 1) Through the estimation the hedonic price function of agricultural resources as environmental goods, the appearance of external effect as amenity is different in agricultural land use according to estimated land price level. 2) Based on Canonical Discriminant Functions and Fisher's Linear Discriminant Functions, it has been confirmed that agricultural land use is different from estimated land price level. 3) From the result of Correspondence Analysis, it is confirmed that the agricultural land is utilized by the level of net return of land for culutiveted crops according to estimated land price level.
