How Technological Progress and Government Programs Influence Agricultural Land Values

Robbin Shoemaker

No 309521, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Technological change mitigates the upward pressure on land values caused by growth in population and other factors by increasing the “effective” supply of land. Without technological change during the postwar period, land values would be substantially higher. Government acreage reduction programs, by creating an artificial scarcity of land, have counteracted some of the effects of technological change and placed upward pressure on farmland values.

Keywords: Agricultural and Food Policy; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 12
Date: 1990-01
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://ageconsearch.umn.edu/record/309521/files/aib582.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:uersab:309521

DOI: 10.22004/ag.econ.309521

Access Statistics for this paper

More papers in Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().