AGRICULTURAL LAND VALUES AND FUTURE LAND DEVELOPMENT

Andrew J. Plantinga and Douglas J. Miller

No 21558, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We develop a theoretical model of land prices and urban expansion and derive a reduced-form expression for agricultural land values. This result dictates the specification of our econometric model in terms of variable choice and functional form. We find strong support for the model in an application to New York.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21558

DOI: 10.22004/ag.econ.21558

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