The connection between policy and other context variables and land markets is at the core of the policy debate, including the present reform of the Common Agricultural Policy. The objective if this paper is to evaluate the impact of the post 2013 CAP policy instruments on the land market in the...

This bulletin furnishes farm sector financial ratio estimates developed by the U.S. Department of Agriculture's Economic Research Service. These estimates incorporate numerous revisions in estimating procedures and changes in available data. Nationaland State-level estimates of liquidity,...

This bulletin provides State-level estimates of agricultural real estate taxes since 1890. Estimates include average taxes per acre for 1890-1991, and total taxes and taxes per $100 of full market value for 1909-91. The bulletin also explains the methods used by the U.S. Department of...

We conduct models and tests to ascertain whether there are speculative bubbles and which factors contribute to the bubbles if there exits one. In the model, we use the option value to represent the investment value of farm real estate and compare the option value, calculated from dynamic...

This paper suggests a new approach to econometrically estimate parameters of multi-level Constant Elasticity of Transformation (CET) functional forms which are widely used in developing Computable General Equilibrium (CGE) models. An illustrative CET functional form is estimated using the...

A two-stage sample of airphoto prints and point sampling was used to examine changes in land use patterns in 53 selected counties that had grown rapidly and substantially in population between 1960 and 1970. Point sampling, 20 points per square mile, was used on a sample of airphoto prints...

Two choice modelling studies in Australia were designed to test for the effects of variations in geographic scale and scope on WTP values. One case study assessed values for improved natural resource management in a river catchment, and the other assessed values for improved protection of the...

Botswana’s average economic growth rate of about 8 per cent during 1985-2005 is one of highest in the world. A major contributor of this growth was mining which, in 2005/06, had a 41.4 per cent share of GDP. Various government welfare and empowerment programmes indicate that redistribution of...