A comprehensive analysis of farmland value determination: a county-level analysis

Stephen Devadoss and Viswanadham Manchu

Applied Economics, 2007, vol. 39, issue 18, 2323-2330

Abstract: This study develops a comprehensive model of farmland value determination to analyze the effects of various economic variables such as net farm income, government payments, macroeconomic factors, and demographic conditions on farmland values for the counties along the Snake River valley in Idaho. Land values, net farm income, and population show considerable variation among the counties. Therefore, use of county level cross-sectional and time-series data helps to assess the impacts of various factors on land values more accurately. The empirical results show that net farm income, wheat yield, population, and credit availability have positive effects, and property tax rates, interest rates, and debt to asset ratio have negative effects on farmland values.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840600675687 (text/html)
Access to full text is restricted to subscribers.

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:taf:applec:v:39:y:2007:i:18:p:2323-2330

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840600675687

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().