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| Elad, Renata L.; Clifton, Ivery D.; Epperson, James E.. |
| Farmland offered for its productive or consumptive value may be viewed as a class of goods characteristic of product differentiation. Using the generalized Box-Cox transformation, an unrestricted hedonic model was employed to derive implicit valuations of parcel attributes. Results suggest that the significance and level of importance of attributes on land pricing depends on the spatial extent of markets in Georgia. Differences in the productive or consumptive use of farmland may imply that different factors and functional forms are appropriate to different farmland markets. |
| Tipo: Journal Article |
Palavras-chave: Farmland prices; Functional form; Hedonic pricing; Land Economics/Use. |
| Ano: 1994 |
URL: http://purl.umn.edu/15179 |
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| Mela, Giulio; Longhitano, Davide; Povellato, Andrea. |
| Interest towards farmland market has been increasing in recent years. In developing countries there is rising concern about land being purchased by foreign investors, while in the developed world the debate is centred on whether agricultural factors are still the main determinants of land values or not. This work assesses the determinants of land values in Italy using panel data techniques during the time span 1992-2010. In Italy farmland values have historically been influenced more by natural characteristics of the land than agricultural prices. However, lately non-agricultural factors have been increasing their importance. We find that agricultural prices only slightly affect average land values in Italy. Main determinants of land prices are the yield... |
| Tipo: Presentation |
Palavras-chave: Farmland prices; Land market; Panel data models; Farmland values determinants; Risk and Uncertainty; C23; E32; Q24.. |
| Ano: 2012 |
URL: http://purl.umn.edu/122479 |
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| Bahrs, Enno. |
| This paper deals with the fiscally neutral transferability of profits from land sales according to § 6b EStG and its possible effect on the price for agricultural land. From the point of view of the single farm this tax norm has an excellent effect. Nevertheless, from the point of view of the whole agricultural sector the advantage of this tax norm is rather questionable both with regard to agriculture in special as well as the national economy in general. The rising prices for land due to § 6b EStG can have a negative effect on highly efficient farming businesses which are willing to expand, but have to finance the expansion soleley with the business earnings. Still, further disadvantages may result from § 6b EStG. Therefore this paper suggests an... |
| Tipo: Journal Article |
Palavras-chave: Farmland prices; Reserve for reinvestment; Analysis of payment willingness; Flat tax; Farm Management; Land Economics/Use. |
| Ano: 2003 |
URL: http://purl.umn.edu/97974 |
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