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AN EMPIRICAL ANALYSIS OF THE LOUISIANA RURAL LAND MARKET AgEcon
Kennedy, Gary A.; Henning, Steven A.; Vandeveer, Lonnie R.; Dai, Ming.
Structural changes in the farm production sector, continued pressure to reform existing agricultural policies, and an increasing demand for nonagricultural real estate emphasize the need for rural land market research. Rural land, with a wide diversity of physical characteristics and use, continues to be a large portion of Louisiana's total land base. Of Louisiana's total 28,493,440 land acres, cropland and pastureland account for 7,811,413 acres or 27 percent (1992 Louisiana Census of Agriculture). If timberland is included (USDA, Forest Service, 1991), rural land accounts for 79 percent of Louisiana's total land acreage. The measurement of economic, locational, and topographic variables hypothesized to influence rural land values is expected to be...
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/31682
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Website Usage Information for Rural-Based E-Commerce Start-Ups AgEcon
Rea, Kenneth; Nwoha, Ogbonnaya John; Kennedy, Gary A.; Watson, Susan.
Usage patterns for start-up agricultural and non-agricultural websites, as well as product and service oriented websites, were studied to determine differences in the number of unique visitors, usage based on the day and time of the week, total time spent on the website, and how the visitor found the website.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2006 URL: http://purl.umn.edu/21478
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MULTIVARIATE PROCEDURES FOR IDENTIFYING RURAL LAND SUBMARKETS AgEcon
Kennedy, Gary A.; Henning, Steven A.; Vandeveer, Lonnie R.; Dai, Ming.
Research has developed empirical models and procedures for analyzing factors which influence rural land markets; however, there have been limited efforts in developing procedures for identifying rural land submarkets. Principal component analysis is used here to detect the presence of multiple rural land submarkets. Cluster analysis is then used as a basis for identifying eight contiguous rural land submarkets in Louisiana. As opposed to single-attribute procedures that have been based largely on subjective judgment, multivariate procedures illustrated in this analysis provide a means for capturing the combined effects of physical and socioeconomic influences in delineating rural land submarkets.
Tipo: Journal Article Palavras-chave: Cluster analysis; Land market analysis; Principal component analysis; Rural land submarkets; Land Economics/Use.
Ano: 1997 URL: http://purl.umn.edu/15066
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FINANCIAL IMPLICATIONS OF A NEW FARM POLICY ENVIRONMENT AgEcon
Vandeveer, Lonnie R.; Henning, Steven A.; Kennedy, Gary A.; Li, Chunxiao.
The 1996 Federal Agriculture Improvement and Reform (FAIR) Act dramatically affects the decision-making environment of farms by introducing provisions for reducing farm income support payments. These program changes are likely to affect not only farm incomes, but also farm capital asset markets. The combined effect of these two financial variables is expected to alter the risk position and the debt repayment capacity on farms. Empirical results of this analysis indicate that the absence of farm income support payments reduces debt repayment capacity and increases the risk position on a representative Louisiana cotton-soybean farm.
Tipo: Journal Article Palavras-chave: Debt repayment; Farm policy; Financial leverage; Safety-first model; Agricultural and Food Policy; Agricultural Finance.
Ano: 2000 URL: http://purl.umn.edu/14710
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LOUISIANA RURAL LAND VALUES AND TENURE ARRANGEMENTS AgEcon
Henning, Steven A.; Vandeveer, Lonnie R.; Kennedy, Gary A.; Green, Shane.
Rural land comprises 77 percent of Louisiana's total land acreage, with a wide diversity of physical characteristics and use. Therefore, reliable rural real estate market information is expected to be of value to landowners, investors, borrowers, lenders, realtors, appraisers, public taxing authorities, and policy makers. This report presents the results from the second annual Louisiana Rural Land Market Survey. Results of this study suggest that land values vary by area of the state and the primary commodity grown on the tract. Substantial variation in land value within areas and by parish suggests a number of factors affect rural land values and markets.
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use.
Ano: 1996 URL: http://purl.umn.edu/31676
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Willingness to Pay for Information Programs about E-Commerce: Results from a Convenience Sample of Rural Louisiana Businesses AgEcon
Watson, Susan; Nwoha, Ogbonnaya John; Kennedy, Gary A.; Rea, Kenneth.
The probability of a business paying various amounts of money for an e-commerce presence ultimately depends on demographic features, experiences with e-commerce from a buyer’s and seller’s perspective, technological expertise, and knowledge of e-commerce opportunities and limitations. Estimating functions to assign probabilities associated with the willingness to pay for an e-commerce presence will assist in forecasting regional likelihood of certain profiles paying various monetary amounts for an e-commerce presence. In addition, if services are provided at no cost by a third party, value to a society will be maximized by selecting profiles with the highest willingness to pay.
Tipo: Journal Article Palavras-chave: E-commerce; Internet; Rural businesses; Technology; Willingness to pay; A14; C25; D21; O13; O14; O33; Q16.
Ano: 2005 URL: http://purl.umn.edu/43502
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RURAL LAND VALUES AND TENURE ARRANGEMENTS IN LOUISIANA AgEcon
Kennedy, Gary A.; Henning, Steven A.; Vandeveer, Lonnie R..
This report presents the results from the first annual Louisiana Rural Land Market Survey. The survey was designed to collect detailed information from rural real estate professionals regarding market conditions in their areas. Results of this study suggest that land values vary by area of the state and the primary commodity grown on the tract. Substantial variation in land value within areas and by parish suggests a number of factors affect rural land values and markets. Further research will be designed to measure the effects of these various factors on rural real estate markets.
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use.
Ano: 1995 URL: http://purl.umn.edu/31662
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How Much is E-Commerce Worth to Rural Businesses? AgEcon
Watson, Susan; Nwoha, Ogbonnaya John; Kennedy, Gary A.; Rea, Kenneth.
The probability of a business paying for an e-commerce presence ultimately depends on demographic features, experiences with e-commerce, technological expertise, and knowledge of e-commerce opportunities and limitations. Results allow for the assignment of probabilities associated with various business profiles to determine the willingness to pay for an e-commerce presence.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2005 URL: http://purl.umn.edu/35599
Registros recuperados: 8
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