Woltjer, Geert B.; Luijt, Jan L.; Jongeneel, Roelof A. - European Association of Agricultural Economists - EAAE - 2008
This paper develops a disequilibrium model of land prices in the Netherlands. It shows that the behaviour of traded quantities and prices of Dutch land have some resemblance with a disequilibrium land market model developed by Søgaard. An error correction model based on Søgaard’s model...