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We glean information about shale gas development by studying farm real estate values over time. Looking at the Barnett Shale (Texas) and the northeastern part of the Marcellus Shale (Pennsylvania and New York), we find that development caused appreciation in both areas but the effect was much...
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Research using the Agricultural Resource Management Survey (ARMS) and other data shows that direct government payments to farmers increase rents and the price of land. However, some ARMS data is imputed and does not account for relationships between payments and other variables. We investigate...
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Nonagricultural factors impact land values to cause a divergence of discounted cash rents for agricultural land and land values. Focus is given to the portion of land values attributable to discounted cash rents. Unique characteristics for cropland and pasture lead to differences in...
Persistent link: https://www.econbiz.de/10005525348
Nonagricultural factors impact land values to cause a divergence of discounted cash rents for agricultural land and land values in Georgia. General economic factors are represented by per capita income in nonmetro areas. Cash rents for cropland and pasture have positive impacts on land values....
Persistent link: https://www.econbiz.de/10008519380
Land is a natural resource that is valued for many reasons. Farmers utilize land to earn their livelihood and as a store of wealth for future retirement. Potential rural residents have increasingly sought open space for a home site and pursuit of a lifestyle. Developers seek financial...
Persistent link: https://www.econbiz.de/10008530494
The Native Vegetation Conservation Act was introduced on January 1st 1998 to limit the clearing of native grassland and woodland in NSW. The Act has limited clearing and development to crops, has protected biodiversity, and may have enhanced soil and water conservation. But this analysis of the...
Persistent link: https://www.econbiz.de/10005476556
Farmland is a major component of wealth in the farm sector as well as wealth of farm households. This study contributes to our knowledge of variations in farmland prices by examining the extent to which farmland values are spatially correlated and to what extent that this spatial correlation can...
Persistent link: https://www.econbiz.de/10005476773