La renta diferencial agrícola en Argentina en 1986-2008, con datos de panel y co-integración
Ana G. Bus y José L. Nicolini-Llosa and
Ana G. Bus y José L. Nicolini-Llosa
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Ana G. Bus y José L. Nicolini-Llosa: Instituto de Investigaciones Económicas – Universidad de Buenos Aires
Ana G. Bus y José L. Nicolini-Llosa: Instituto de Investigaciones Económicas – Universidad de Buenos Aires - CONICET
Económica, 2015, vol. 61, 53-79
Abstract:
A model of differential land rent by fertile county is estimated for Argentina in 1986-2008. Co-integration and panel data methods are applied to the approximately 450 fertile counties throughout Argentina depending on crop. This degree of disaggregation is original for Argentina. A model of distribution of the given agricultural output is applied. The best tested method is Engle and Granger´s Error Correction Method estimated with Dynamic Ordinary Least Squares (EGECM-DOLS). Land rent is a function of crop yield, international price (FOB), costs and domestic freight, in that order of importance.
Keywords: Land diferential rent; Argentina; panel data; co-integration; economic development. (search for similar items in EconPapers)
JEL-codes: C50 D33 O10 Q12 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:akh:journl:598
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