Sharp increase in house prices combined with the extraordinary Chinese lending growth during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole, the current levels of house prices do not seem significantly higher than would be justified by underlying...

We develop a hedonic price model on the Gironde estuary (south of France) in order to test the impact of vulnerability to flooding on land prices. The original contribution of our analysis relies on distinguishing the respective impact of two non-structural measures on land prices - the...

Accurate information on land values is a consequential concern when prices are changing rapidly. This study compares USDA data and sales data from 1971-2011. While the land prices from these series move in similar patterns, there are periods of substantial differences. These periods show a...

While economists agree on the importance of returns to land as a determinant of farmland prices, they disagree about the role of interest rates and inflation. Analysis of farmland prices for the conterminous United States, the Corn Belt, and wheat-growing areas of Kansas showed that the real...

Este trabajo calcula el valor del regadío en la provincia de León a partir de datos de precios de la tierra desagregados por aprovechamiento y comarca. El valor de los beneficios asociados al regadío puede averiguarse comparando dos parcelas de tierra "iguales" excepto por el hecho de que una...

The purpose of the study was to find out the factors affecting farmland prices in Finland. A hedonic pricing model that takes into account the presence of spatial dependence was applied for a very large sales price data (6 281 observations). The results confirmed the importance of land quality...

RESUMEN: Estudiamos el precio de la tierra para uso agrario y las variables que determinan su evolución en España, tratando de identificar qué parte de la subida de precios observada se justifica por elementos «internos», relacionados con la renta agraria esperada, y cuál proviene de...

Farmers in peri-urban regions face many problems, among which land scarcity is a major one according to literature. However, as indicated by a survey among farmers in the peri-urban region around Brussels, land scarcity is not perceived as a problem by all farmers to the same extent. Based on...

A theoretical model of farmland valuation is developed that allows urban sprawl to affect farmland values through the conversion of farmland to urban uses, shifts in production to higher-valued crops, and the speculative effect of urban pressure on farmland values. This model is estimated using...

Besides its natural potential, Hungarian agriculture's major current advantage is low land prices and rental fees. Economic theory suggests that as Hungarian economic performance approaches the EU average, production costs will also become equal. Increasing land prices, generated by higher...