Boere, Esther; Peerlings, Jack H.M.; Reinhard, Stijn; … - European Association of Agricultural Economists - EAAE - 2012
Volatile output prices lead to a fluctuating shadow price (profitability) of agricultural land, and therefore may impact land use decisions in case of risk-averse behaviour. In this paper we assess the effect of volatile agricultural output prices on agricultural land-use change over the past...