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2016 Winter - Understanding the value of agricultural land

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FPJ1302D - Moss, C (2016), Explaining Changes in Farmland Prices: Another Grail Quest

FPJ1302D - Moss, C (2016), Explaining Changes in Farmland Prices: Another Grail Quest, in Farm Policy Journal, vol. 13, no. 2, Winter 2016, pp. 25-33, Surry Hills, Australia.

The pricing of farmland has been an important aspect in the field of agricultural economics almost from the inception of the discipline. This paper explains how a variety of factors affect farmland values including financial market fundamentals, government policy, macroeconomic factors, and urban pressure. Unfortunately, the explanatory power of our models tends to be low. Consequently, this paper concludes with suggestions to overcome this, including the analysis of the micro-market factors affecting farmland values.

 

$12.10


 
 




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