Determinants of agricultural land values in Argentina

Johanna Choumert-Nkolo and Pascale Phelinas

Ecological Economics, 2015, vol. 110, issue C, 134-140

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: Genetically modified soybean; Hedonic prices; Farmland values; Argentina; Tenure (search for similar items in EconPapers)
JEL-codes: O13 Q15 Q51 R3 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

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Related works:
Working Paper: Determinants of agricultural land values in Argentina (2015)
Working Paper: Determinants of agricultural land values in Argentina (2014)
Working Paper: Determinants of agricultural land values in Argentina (2014)
Working Paper: Determinants of agricultural land values in Argentina (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:110:y:2015:i:c:p:134-140

DOI: 10.1016/j.ecolecon.2014.12.024

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