EconPapers    
Economics at your fingertips  
 

Examining Patterns in and Drivers of Rural Land Values

Corey Allan and Suzi Kerr

No 160191, 2013 Conference, August 28-30, 2013, Christchurch, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This paper uses a national dataset from 1980 to 2010 of valuations and sales data by land use category from Quotable Value New Zealand to explore patterns in and potential drivers of values of rural land in New Zealand over time. Increasing our understanding of the drivers of rural land values will aid in informing how climate change and environmental policy may influence these values. Climate change brings with it an increased likelihood of extreme weather events, for example drought conditions and severe storms, which could plausibly influence the value of rural land through their impacts on the productivity of land. It is also likely to have profound impacts on global commodity prices. Efficient climate change policy could have significant impacts on the profitability of ruminant agriculture. Who bears the losses depends critically on how land values respond to the profitability of different land uses.

Keywords: Agribusiness; Community/Rural/Urban Development; Demand and Price Analysis; Financial Economics; Land Economics/Use; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 41
Date: 2013-08
New Economics Papers: this item is included in nep-agr and nep-env
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/160191/files/A ... r%202013%20final.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:nzar13:160191

DOI: 10.22004/ag.econ.160191

Access Statistics for this paper

More papers in 2013 Conference, August 28-30, 2013, Christchurch, New Zealand from New Zealand Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).

 
Page updated 2024-12-28
Handle: RePEc:ags:nzar13:160191