An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets
AbstractThe valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of income to farmland in explaining the distribution of farmland values over time.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26850.
Date of creation: 31 Oct 2010
Date of revision:
information theory; farmland markets; farm income;
Find related papers by JEL classification:
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
- C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
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