The joint influence of agricultural and nonfarm factors on real estate values: An application to the Mid-Atlantic region

被引：53

作者：

Hardie, IW ^{[1
]}

Narayan, TA ^{[1
]}

Gardner, BL ^{[1
]}

机构：

[1] Univ Maryland, College Pk, MD 20742 USA

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 2001年 / 83卷 / 01期

关键词：

farmland values; land prices; Mid-Atlantic region; rural development; spatial econometric model;

D O I：

10.1111/0002-9092.00141

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

County level farmland and residential housing values are estimated for the Mid-Atlantic region as a function of farm returns, developed land values, household incomes, population densities, and location. Results are based on the hypothesis that farmland owners anticipate land development and that nonfarm factors are important determinants of farmland prices. Response of farmland prices to change in farm returns is found to be inelastic and relatively uniform in rural and urban counties. Response to nonfarm factors is found to be more elastic and substantially greater in rural counties.

引用

页码：120 / 132

页数：13

共 21 条

[1]

Allen R. G., 1998, FAO Irrigation and Drainage Paper

[2]

ALONSO William., 1964, Location and land use. Toward a general theory of land rent.

[3] USE-VALUE PROPERTY-TAX ASSESSMENT - EFFECTS ON LAND-DEVELOPMENT [J].