Artikel
Population, income, and farmland pricing in an open economy
Farmland valuation models usually incorporate local purchasing power as one of the pricing factors. A plausible rationale is that a larger population and higher income per capita imply increasing demand for agricultural products and farmland. In this paper, we study the relationship between the agricultural land prices, the regional population, and income per capita in an open economy setting in nominal and real variable terms using data from 1929 to 2018 at the state level. We show that in most areas of the United States, agricultural land prices are less affected by the state population or personal income. The valuation of agricultural land should not factor in the local purchasing power factors, with a few exceptions.
- Sprache
-
Englisch
- Erschienen in
-
Journal: International Journal of Financial Studies ; ISSN: 2227-7072 ; Volume: 8 ; Year: 2020 ; Issue: 4 ; Pages: 1-18 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
General Financial Markets: General (includes Measurement and Data)
Other Spatial Production and Pricing Analysis
Renewable Resources and Conservation: Land
- Thema
-
agricultural product
land valuation
real estate
purchasing power
local output
trade
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dong, Huijian
Guo, Xiaomin
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2020
- DOI
-
doi:10.3390/ijfs8040067
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Dong, Huijian
- Guo, Xiaomin
- MDPI
Entstanden
- 2020
Ähnliche Objekte (12)
Income and Population Growth
Determinants of German farmland prices
Forced Sales and Farmland Prices
Political Economy Determinants of Carbon Pricing
Road pricing, the economy, and the environment
Using Degree Days to Value Farmland
Do Temperature Thresholds Threaten American Farmland?
Using Degree Days to Value Farmland
Employment, Inflation and Income Distribution in an Open Economy. Pricing-to-market in a Modified NAIRU Model
Optimal Carbon Pricing and Income Taxation Without Commitment
Farmland value forecasting and the estimation of monthly payment of farmland pension considering the regional differences
Population, economy and welfare in Sweden
Income and Population Growth
Determinants of German farmland prices
Forced Sales and Farmland Prices
Political Economy Determinants of Carbon Pricing
Road pricing, the economy, and the environment
Using Degree Days to Value Farmland
Do Temperature Thresholds Threaten American Farmland?
Using Degree Days to Value Farmland
Employment, Inflation and Income Distribution in an Open Economy. Pricing-to-market in a Modified NAIRU Model
Optimal Carbon Pricing and Income Taxation Without Commitment
Farmland value forecasting and the estimation of monthly payment of farmland pension considering the regional differences
Population, economy and welfare in Sweden
Income and Population Growth
Determinants of German farmland prices
Forced Sales and Farmland Prices
Political Economy Determinants of Carbon Pricing
Road pricing, the economy, and the environment
Using Degree Days to Value Farmland
Do Temperature Thresholds Threaten American Farmland?
Using Degree Days to Value Farmland
Employment, Inflation and Income Distribution in an Open Economy. Pricing-to-market in a Modified NAIRU Model
Optimal Carbon Pricing and Income Taxation Without Commitment
Farmland value forecasting and the estimation of monthly payment of farmland pension considering the regional differences