Farm income, population and farmland prices: a relative information approach
نویسندگان
چکیده
منابع مشابه
An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets
The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values...
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A trivariate vector autoregression time series process, based on a present-value land price model, is used to decompose Iowa farmland prices into fundamental and non-fundamental components. A recent study, by Falk and Lee (1998), found that non-fundamental shocks are an important source of volatility in farmland prices and it was interpreted that these price movements were due to fads not specu...
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ژورنال
عنوان ژورنال: European Review of Agricultural Economics
سال: 2011
ISSN: 0165-1587,1464-3618
DOI: 10.1093/erae/jbr032