EL NINO/SOUTHERN OSCILLATION EFFECTS ON FARMLAND VALUES IN THE UNITED STATES

Dimitrios Dadakas and Paul Jakus

No 21572, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper evaluates the impact of the El Nino/Southern Oscillation (ENSO) on U.S. farmland values. Fourier series analysis decomposes climatological variation into ENSO and non-ENSO components. Farmland values, regressed against ENSO variation and other variables, are negatively affected by ENSO related weather variability in about 90% of U.S. climatological regions.

Keywords: Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 14
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21572

DOI: 10.22004/ag.econ.21572

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