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This study estimates the impact of changes in market returns and government payments on farmland values across Canada using data from 1959 to 2009. A recursive simultaneous equation model is estimated to account for the counter-cyclical relationship between market returns and government...
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This study estimates the impact of changes in market returns and government payments on farmland values across Canada using data from 1959 to 2009. A recursive simultaneous equation model is estimated to account for the counter-cyclical relationship between market returns and government...
Persistent link: https://www.econbiz.de/10010920255
In 2004, the provincial government of Ontario passed legislation that imposed a moratorium on urban development of agricultural land within a "Greenbelt" boundary.  This legislation, which became known as the Greenbelt legislation, has a direct effect on over 1.8 million acres of land...
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