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The Effects Of Parcel Characteristics On The Value Of Agricultural Land In Washington State

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  • Xu, Feng
  • Mittelhammer, Ron C.
  • Barkley, Paul W.

Abstract

This study examines the effects of selected parcel characteristics on agricultural land values. A nonlinear hedonic model is estimated for each of six regions in Washington State. The nonnegative nature of land price was modeled directly via a truncated logistic distribution. The truncation effect was significant in half of the regions.

Suggested Citation

  • Xu, Feng & Mittelhammer, Ron C. & Barkley, Paul W., 1991. "The Effects Of Parcel Characteristics On The Value Of Agricultural Land In Washington State," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271078, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea91:271078
    DOI: 10.22004/ag.econ.271078
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    References listed on IDEAS

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