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Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity at risk ranging from $2.4 billion to $3.1 billion in output. Increases in storm damage to capital stock range from $8.7 billion to as much as $133 billion with associated disruptions to economic activity ranging from an additional $1.9 billion to $23 billion in total lost output.

This paper reviews non-computerised and computerised land evaluation methods or methodologies, and realises the difficulties to incorporate biophysical and socioeconomic factors from different levels. Therefore, this paper theorises an alternative land evaluation approach, which is tested and elaborated in an agricultural community in the North of Chile. The basis of the approach relies on holistic thinking and attempts to evaluate the potential for improving assumed unsustainable goat management practices. The concept of "potential for development methodology" (PDM) summarises this specific evaluation approach, of which, the soft systems methodology (SSM) is a crucial part. The purpose of SSM is to enhance the under-standing of complex human situations that are perceived as problematic by stakeholders. Final results of PDM are potential classes, which indicate the ability of stake-holders to improve the actual situation. Comparing PDM with the land evaluation approach promoted by FAO, shows complementarity and possibilities to incorporate socio-economic issues within the terminology of the agroeco-logical zoning (AEZ) concept. Thus, this paper suggests a land evaluation approach that may facilitate the incorporation of socioeconomic characteristics from higher (e.g. governmental institutions) and local (e.g. NGOs and farmers) levels.

Purpose: This article covers the issues of land resources evaluation and development of proposed recommendations in improving the processes of capitalization, examining the economic foundations of their capitalization. Research Methodology: Land valuation is of significant economic and social importance. From its data, it is widely used in solving various issues of economic sectors, including land tax, determining the amounts of rent on land plots, planning the yields of agricultural crops, creating land and in general, solving all issues that are closely related to land use. Results: New methods of capitalizing on land use have been proposed. Limitations: Capitalization issues are carried out on the basis of decisions of the executive power. In the introduction of experiments into practice, government decisions are relied on. Contribution: Modern methods of assessing land resources lead to sustainable economic growth. Keywords: Land resources, Valuation, Rent, Capital, Privatization