| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
The Impact of Natural Amenity on Farmland Values: A Quantile Regression Approach
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| Autores: |
Uematsu, Hiroki
Mishra, Ashok K.
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| Data: |
2012-01-18
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| Ano: |
2012
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| Palavras-chave: |
Farmland Values
Quantile Regression
Natural Amenity
Environmental Economics and Policy
Land Economics/Use
C14
Q15
Q24
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| Resumo: |
The objective of this study is to estimate the impact of natural amenity on farmland values in the contiguous United States using a quantile regression approach and data from the 2006, 2007, and 2008 Agricultural Resource Management Surveys. The contribution of this study is three-fold. First, we explicitly include variables representing natural amenity and soil characteristics of farmland. Second, we employ a quantile regression approach to examine potentially heterogeneous impacts of natural amenity and soil characteristics at different quantiles of farmland values. Third, we utilized data from a nationwide survey of farm household to examine findings in studies using regional data are consistent at a national scale. Our quantile regression analysis offers some insightful results. Natural amenity is positively correlated with farmland values and its impact is often more pronounced at a higher price range of farmland.
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| Tipo: |
Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/119804
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| Relação: |
Southern Agricultural Economics Association>2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama
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| Formato: |
18
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