This paper develops an approach to decompose farmland price time series into three components: permanent fundamental component, temporary fundamental component, and nonfundamental component. This decomposition is useful for studying the importance of fundamental versus nonfundamental factors in...

With the hedonic approach, farmland price differentials are held to be indicative of underlying productivity differences. Data characterising over 400 separate transactions in farmland in England and Wales in 1994 are analysed, and the marginal value of particular farmland characteristics is...

Salinity and drainage management options include source control, reuse, and evaporation ponds. This article identifies efficient strategies to maintain hydrologic balance in closed drainage basins and evaluates their impact on regional agricultural profits. Theoretical analysis suggests that...

A framework for analyzing the effect of flooding on land prices is proposed based on a case study of the Tokai flood in September 2000. The flood effect was examined by cross-sectional and panel analyses, panel data comprising land price and its attributes. Interesting findings were that land...

This paper uses valuation data from Quotable Value New Zealand to examine changes in the value of the rural land in New Zealand between 1989 and 2003. The value of rural land reflects the profitability of agriculture as well as the returns to alternative land uses, and has a large impact on the...

Salinity and drainage management options include source control, reuse, and evaporation ponds. This article identifies efficient strategies to maintain hydrologic balance in closed drainage basins and evaluates their impact on regional agricultural profits. Theoretical analysis suggests that...

This paper proposes that the rapid agricultural expansion of the cerrado regions, which has been limited to grains and livestock, is due to the low price of land in these regions as compared with the other agricultural regions of Brazil and abroad. This low price of land, in its turn, is...

We study the presence of capitalization of local fiscal and social policies in house prices. The local property tax and the public utility fees in Bogotá depend on a classification of all blocks in the city into six groups (estratos socioeconómicos) - a redistributive system in which some...

Transport infrastructure development project plays a vital role in improving accessibility which has dynamic effects on the urban and regional economy and increases property value. The research aims to assess the land price variability in control and catchment areas before and after the Railway...

We conduct a national-scale study of the determinants of agricultural land values to better understand how current farmland prices are influenced by the potential for future land development. The theoretical basis for the empirical analysis is a spatial city model with stochastic returns to...