A comprehensive analysis of farmland value determination: a county-level analysis

被引:22
作者
Devadoss, Stephen [1 ]
Manchu, Viswanadham [1 ]
机构
[1] Univ Idaho, Dept Agr Econ, Moscow, ID 83843 USA
关键词
D O I
10.1080/00036840600675687
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study develops a comprehensive model of farmland value determination to analyze the effects of various economic variables such as net farm income, government payments, macroeconomic factors, and demographic conditions on farmland values for the counties along the Snake River valley in Idaho. Land values, net farm income, and population show considerable variation among the counties. Therefore, use of county level cross-sectional and time-series data helps to assess the impacts of various factors on land values more accurately. The empirical results show that net farm income, wheat yield, population, and credit availability have positive effects, and property tax rates, interest rates, and debt to asset ratio have negative effects on farmland values.
引用
收藏
页码:2323 / 2330
页数:8
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