Vyn, Richard J.; Haq, Zahoor Ul; Weerahewa, Jeevika; … - In: Journal of Agricultural and Resource Economics 37 (2012) 2
This study estimates the impact of changes in market returns and government payments on farmland values across Canada using data from 1959 to 2009. A recursive simultaneous equation model is estimated to account for the counter-cyclical relationship between market returns and government...