Land Prices and Technological Development

G van Dijk, L Smit and C P Veerman

European Review of Agricultural Economics, 1986, vol. 13, issue 4, 495-515

Abstract: Land prices in the Netherlands are strongly influenced by technological change in agriculture. These effects are described by applying the cost-push innovation hypothesis. Land prices are the outcome of a price-formation process. Market behavior and the sampling interval of the data (annual) require the use of a simultaneous-equations approach. The identification of demand and supply in such a model is discussed. The statistical results of simultaneous models for two regions in the Netherlands are presented. The estimated parameters do not lead to proper empirical identification of demand and supply. Recursive models yield better statistical results. Copyright 1986 by Oxford University Press.

Date: 1986
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:13:y:1986:i:4:p:495-515

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().