EconPapers    
Economics at your fingertips  
 

The Use of Shadow Prices in Determining Marginal Values for Agricultural Land

Fred J. Stewart and Richard A. Greenhalgh

No 283806, 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The problem of evaluating the need for land development projects for agricultural uses is addressed in a marginal analysis utilizing shadow prices. A linear programming framework was used with physical and historical characteristics of the land resource being defined and constrained. A procedure for assigning marginal values to an entire package of land resource characteristics is presented.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 13
Date: 1977-07
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/283806/files/19-00105AAEA_0759.pdf (application/pdf)

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:ags:aaea77:283806

DOI: 10.22004/ag.econ.283806

Access Statistics for this paper

More papers in 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-01-16
Handle: RePEc:ags:aaea77:283806