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NSW Rural land performance: 1990-2008

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  • Eves, Chris

Abstract

This paper will address the total and capital return performance of a major agricultural area and compare these returns on the basis of both location of land and land use. The comparison will be used to determine if location or actual land use has a greater influence on rural property capital returns. This performance analysis is based on over 35,000 rural sales transactions. These transactions cover all market based rural property transactions in New South Wales, Australia for the period January 1990 to December 2008. Correlation analysis and investment performance analysis has also been carried out to determine the possible relationships between location and land use and subsequent changes in rural land capital values.

Suggested Citation

  • Eves, Chris, 2010. "NSW Rural land performance: 1990-2008," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 18, pages 1-18.
  • Handle: RePEc:ags:auagre:114422
    DOI: 10.22004/ag.econ.114422
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    References listed on IDEAS

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    1. David A. Lins & Bruce J. Sherrick & Aravind Venigalla, 1992. "Institutional Portfolios: Diversification through Farmland Investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 20(4), pages 549-571, December.
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    Cited by:

    1. Vilija ALEKNEVICIENE & Birute STAREVICIUTE & Egle ALEKNEVICIUTE, 2018. "Evaluation of the efficiency of European Union farms: a risk-adjusted return approach," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(6), pages 241-255.

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