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Agricultural policy uncertainty and farm level adjustments : the case of direct payments and incentives for farmland investment

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Land-Price Dynamics and Macroeconomic Fluctuations

Liu, Zheng - 2014

We argue that positive co-movements between land prices and business investment are a driving force behind the broad … joint dynamics of land prices and business investment … impact of land-price dynamics on the macroeconomy. We develop an economic mechanism that captures the co-movements by …

Persistent link: https://www.econbiz.de/10013068043

Land-Price Dynamics and Macroeconomic Fluctuations

Liu, Zheng - 2015

We argue that positive comovements between land prices and business investment are a driving force behind the broad … joint dynamics of land prices and business investment … impact of land-price dynamics on the macroeconomy. We develop an economic mechanism that captures the comovements by …

Persistent link: https://www.econbiz.de/10013025794