This paper evaluates the impact of the El Nino/Southern Oscillation (ENSO) on U.S. farmland values. Fourier series analysis decomposes climatological variation into ENSO and non-ENSO components. Farmland values, regressed against ENSO variation and other variables, are negatively affected by ENSO related weather variability in about 90% of U.S. climatological regions.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number
21572.
Length: Date of creation: 1999 Date of revision: Handle: RePEc:ags:aaea99:21572
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