We examine the determinants of land prices in the north-eastern United States by applying Johansen and Juselius maximum-likelihood cointegration procedure to two recent land price models. The results suggest that there is an equilibrium relationship between real land price and real gross farm...

This paper reexamines supply response in the Northeastern fresh tomato market during the 1949-94 period by employing cointegration and error correction technique. It tests whether there has been a long-run equilibrium relationship between Northeastern production and a set of price and nonprice...