STRUCTURAL HEDONIC PRICES OF LAND PARCELS IN TRANSITION FROM AGRICULTURE IN A WESTERN COMMUNITY

Jolie B. Pardew, Ronald L. Shane and John F. Yanagida

Western Journal of Agricultural Economics, 1986, vol. 11, issue 01, 8

Abstract: A single-equation nonlinear hedonic price function is estimated for parcels of rural land in transition from agriculture in a Nevada community. Empirical results are evaluated relative to the effects of selected government-provided amenities on parcel prices. Utilizing the estimated hedonic equation, bid (demand) and offer (supply) functions are determined for two dependent trait variables of parcel size and closeness to mountains.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Date: 1986
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32539

DOI: 10.22004/ag.econ.32539

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