@article{Fezzi:51423,
      recid = {51423},
      author = {Fezzi, Carlo and Bateman, Ian J.},
      title = {Structural Agricultural Land Use Modelling},
      address = {2009},
      number = {1005-2016-78958},
      series = {Contributed Paper},
      pages = {33},
      year = {2009},
      abstract = {This paper develops a structural econometric model of  agricultural land use and production based on the joint  multi-output technology representation introduced by  Chambers and Just (1989). Starting from a flexible  specification of the farm profit function we derive land  use allocation, input
applications, crops yield and  livestock number equations in a joint and theoretically  consistent framework. We present an empirical application  using fine-scale spatial data covering the entirety of  England and Wales and including the main economic, policy  and environmental drivers of land use change in the past 40  years. To account for the presence of censored observations  in this micro-level data we estimate the model as a system  of two-limits Tobit equations via Quasi-Maximum Likelihood.  We finally compare the forecasting ability of our approach  against an established benchmark: the land use share logit  model.},
      url = {http://ageconsearch.umn.edu/record/51423},
      doi = {https://doi.org/10.22004/ag.econ.51423},
}