英文文献:Farmland Price Determinants
英文文献作者:Drescher, Klaus,Henderson, Jason R.,McNamara, Kevin T.
英文文献摘要:
This paper examines determinants of farmland prices in Minnesota. A hedonic price model is used to estimate the implicit value of the land characteristics. Farmland prices are influenced by agricultural production attributes as well as demand factors. The results also suggest that the potential for development of land for higher value non-agricultural activities creates an expectation, that is capitalised into farmland prices.