Nehring, Richard F.; Ball, V. Eldon; Breneman, Vincent E. - European Association of Agricultural Economists - EAAE - 2002
The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of...