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Land Prices Heading Skyward? An Analysis of Farmland Values across Tanzania

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  • Ayala Wineman
  • Thomas S Jayne

Abstract

Land markets are developing rapidly in Africa, though there remains a dearth of analysis regarding the direction and correlates of land prices and their implications for public policy in the region. This paper examines trends in land values and the factors influencing these trends in Tanzania. Real land prices rose significantly between 2009 and 2013 by 5.67% per year. A hedonic analysis of land values suggests that improved incentives for farming, urbanization and rising population density, and improved tenure security are possible drivers of rising land prices. We conclude by considering the potential policy implications arising from this work.

Suggested Citation

  • Ayala Wineman & Thomas S Jayne, 2018. "Land Prices Heading Skyward? An Analysis of Farmland Values across Tanzania," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 40(2), pages 187-214.
  • Handle: RePEc:oup:apecpp:v:40:y:2018:i:2:p:187-214.
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    References listed on IDEAS

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    Cited by:

    1. Ritter, Matthias & Hüttel, Silke & Odening, Martin & Seifert, Stefan, 2020. "Revisiting the relationship between land price and parcel size in agriculture," Land Use Policy, Elsevier, vol. 97(C).
    2. Wineman, Ayala & Jayne, Thomas S., 2017. "Factor Market Activity And The Inverse Farm Sizeproductivity Relationship In Tanzania," Feed the Future Innovation Lab for Food Security Policy Research Papers 265405, Michigan State University, Department of Agricultural, Food, and Resource Economics, Feed the Future Innovation Lab for Food Security (FSP).
    3. Tione, Sarah E. & Holden, Stein T., 2020. "Urban proximity, demand for land and land shadow prices in Malawi," Land Use Policy, Elsevier, vol. 94(C).
    4. Tione, Sarah E. & Holden , Stein T., 2019. "Urban proximity, demand for land and land prices in Malawi," CLTS Working Papers 1/19, Norwegian University of Life Sciences, Centre for Land Tenure Studies, revised 16 Oct 2019.
    5. Tomáš Seeman & Karel Šrédl & Marie Prášilová & Roman Svoboda, 2020. "The Price of Farmland as a Factor in the Sustainable Development of Czech Agriculture (A Case Study)," Sustainability, MDPI, Open Access Journal, vol. 12(14), pages 1-16, July.

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