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Effect of Urban Proximity on Agricultural Land Values

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  • Pam Guiling
  • B. Wade Brorsen
  • Damona Doye

Abstract

This article seeks to more accurately estimate the size and distance of the effect of urban proximity on agricultural land values. The econometric model lets the size and distance of the effect of urban proximity on agricultural land values vary by population, real income, and time. The changes in the effect of urban proximity over time can be largely explained by population and income. Thus, there does not appear to be a shift in preferences toward living further from the city center.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 85 (2009)
Issue (Month): 2 ()
Pages: 252-264

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Handle: RePEc:uwp:landec:v:85:y:2009:i:2:p:252-264

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Web page: http://le.uwpress.org/

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Cited by:
  1. Uematsu, Hiroki & Mishra, Ashok K., 2012. "The Impact of Natural Amenity on Farmland Values: A Quantile Regression Approach," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama, Southern Agricultural Economics Association 119804, Southern Agricultural Economics Association.
  2. Christopher Zakrzewicz & B. Wade Brorsen & Brian C. Briggeman, 2012. "Comparison of alternative sources of farmland values," Agricultural Finance Review, Emerald Group Publishing, Emerald Group Publishing, vol. 72(1), pages 68-86, March.
  3. Jean-Sauveur Ay & Laure Latruffe, 2013. "The empirical content of the present value model: a survey of the instrumental uses of farmland prices," Working Papers, Institut National de la Recherche Agronomique, France 209441, Institut National de la Recherche Agronomique, France.
  4. Zhang, Wendong & Irwin, Elena G. & Nickerson, Cynthia J., 2012. "The Expanding Ethanol Market and Farmland Values: Identifying the Changing Influence of Proximity to Agricultural Delivery Points," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington, Agricultural and Applied Economics Association 124690, Agricultural and Applied Economics Association.
  5. Donoso, Guillermo & Cancino, José & Foster, William, 2013. "Farmland values and agricultural growth: the case of Chile," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, Spanish Association of Agricultural Economists, vol. 13(2).

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