A HEDONIC ANALYSIS OF AGRICULTURAL LAND VALUES IN A GM SOYBEAN AREA OF ARGENTINA

Johanna Choumert-Nkolo and Pascale Phelinas

No 182750, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists

Abstract: In the context of the rapid development of the cultivation of genetically modified soybeans in Argentina, we conduct a hedonic analysis of agricultural land values. The main objective is to evaluate the impact of land tenure systems and agricultural practices on these values. Data on 338 parcels, located in the Pampas region, are analyzed. The tenure appears to be a particularly important variable. We find that plots rented either by physical persons or by companies are negatively valued in relation to plots owned. Results also highlight the importance, though not to a large degree, of a diversified cropping pattern compared to soybean monoculture. Soil quality, location of the plots, distance to markets, as well as to the nearest city, were also found to affect land values.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 14
Date: 2014-08
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae14:182750

DOI: 10.22004/ag.econ.182750

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