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NALDC Record Details:

What's Wrong with Our Models of Agricultural Land Values

Permanent URL:
http://handle.nal.usda.gov/10113/30497
File:
Download [PDF File]
Abstract:
This paper aims to understand the effects of government programmes on agricultural land values. An empirical analysis is considered using a large sample of farms collected across the USA over the 1998-2001 period, and confirmed that policy does indeed affect land values and that different policies have very different effects on land values. The standard model that derives empirical work on farm land values is discussed. The problems associated with the empirical implementation issues are presented. Empirical findings that demonstrate the empirical implementation issues are also presented. It is suggested that the effects of policies on land values will vary substantially across year, crop, and region.
Author(s):
Goodwin, Barry K. , Mishra, Ashok K. , Ortalo-Magné, François N.
Note:
Includes references
Source:
American journal of agricultural economics 2003 Aug, v. 85, issue 3
Language:
English
Year:
2003
Collection:
Journal Articles, USDA Authors, Peer-Reviewed
Rights:
Works produced by employees of the U.S. Government as part of their official duties are not copyrighted within the U.S. The content of this document is not copyrighted.