PR - AN EXAMINATION OF THE RELATIONSHIP BETWEEN CASH RENT AND NET RETURN TO LAND IN INDIANA

Michael Langemeier and Nathan Carson

No 345794, 21st Congress, Edinburgh, Scotland, July 2-7, 2017 from International Farm Management Association

Abstract: This paper examined the relationship between cash rent and net return to land for Indiana. There was a significant and positive relationship between cash rent and net return to land for medium and high productivity land. The relatively low coefficients on lagged net return to land in the cash rent equations reinforce the existing literature that asserts that cash rent values are sticky. As a result, the recent decline in the net return to land in Indiana will not be fully realized for several years.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 9
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma17:345794

DOI: 10.22004/ag.econ.345794

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