THE EFFECTS OF PARCEL CHARACTERISTICS ON THE VALUE OF AGRICULTURAL LAND IN WASHINGTON STATE

This study examines the effects of selected parcel characteristics on agricultural land values. A nonlinear hedonic model is estimated for each of six regions in Washington State. The nonnegative nature of land price was modeled directly via a truncated logistic distribution. The truncation effect was significant in half of the regions.


Issue Date:
Aug 04 1991
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/271078
Language:
English
Total Pages:
15




 Record created 2018-04-10, last modified 2018-04-10

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