The Impact of Renewable Energy Policy on Agricultural Land Price in Tainan City－－How if Planting Solar Panels Produce Good Land Prices

• Main Authors: Mei-Chun Lai, 賴美君
• Other Authors: 吳珮瑛
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/hg3v75

碩士 === 國立臺灣大學 === 農業經濟學研究所 === 106 === The government in Taiwan promotes various agricultural policies to ensure the functions of agricultural production, life, and ecology. At the same time to ensure food security and to increase farmers’ income. However, all types of policies may result in the change of farmland price. Past studies focus on the evaluation of fallow policies, farm building construction, population density, and expected diversion It is lack of impact analysis of agricultural facilities, i.e. accessible green energy facilities, on the farmland price. In response to the low carbonization trend and the development of renewable energy, the Council of Agriculture of the Executive Yuan in Taiwan revised and issued the application for review of farmland for agricultural facilities in 2013. In the south-central part of Taiwan with good sunshine conditions, the photovoltaic industry has appearly developed solar energy in these areas. Such policy induces farmers renting their lands to photovoltaic industry for solar energy generation. The benefit brought by the implementation of solare energy will increase the amount of green energy generation. The loss is the reduction of the useable farmland amount and then indirectly increase the price of farmland. This study employs a spatial regression model to evaluate the distance impact of farmland price with surrounding solar panel installations. At the same time, this study also evaluates the impact of farmland price surrounded by capacity of solar panels installation. A set of data with 19,966 pieces of farmland prices in Tainan City is conducted for these purposes. Five major divisions according to the average price of the farmland and its geographical location are divided from the original 33 administrative districts. The results show that in the north, coastal, and the near-mountain division the closer the solar panel installations are the more significant increase in the price of farmland is. On the countrary, in the central division the closer the solar panel installations are, the lower the farmland price is. However, the trading farmlands surrounded by a larger capacity of the green energy facilities within 2 km, the price of farmland increases significantly in the original surrounding Tainan division. For other divisions, the larger capacity of green energy facilities within 2 km, the price of farmland reduce siginificantly. It is also known from the empirical results that the larger capacity of solar panel facilities installation and the closer to the farmland is the prices of the farmland in the original surrounding Tainan, the north, the coastal, and the near-mountain division will increase significantly. However, the continuous increase of farmland price could damage the long-term agricultural development in Taiwan.