FARMLAND PRICE DETERMINANTS

This paper examines determinants of farmland prices in Minnesota. A hedonic price model is used to estimate the implicit value of the land characteristics. Farmland prices are influenced by agricultural production attributes as well as demand factors. The results also suggest that the potential for development of land for higher value non-agricultural activities creates an expectation, that is capitalised into farmland prices.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/20685
PURL Identifier:
http://purl.umn.edu/20685
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2018-01-22

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