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Land Quality in an International Comparison: It's Importance in Measuring Productivity

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Author Info
Nehring, Richard
Ball, V. Eldon
Breneman, Vince
Abstract

The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of total factor productivity. Land quality adjustments could potentially be enhanced further with additional data on soil characteristics, climate, and other productivity-related characteristics.

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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 2002 International Congress, August 28-31, 2002, Zaragoza, Spain with number 24910.

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Date of creation: 2002
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Handle: RePEc:ags:eaae02:24910

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Related research
Keywords: total factor productivity; hedonic techniques; soil stress; quality-adjusted land; Productivity Analysis;

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