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Not for sale: the role of farmland as a portfolio investment and its impact on supply in the market

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  • Choi, Jiseon
  • Jodlowski, Margaret C.

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  • Choi, Jiseon & Jodlowski, Margaret C., 2023. "Not for sale: the role of farmland as a portfolio investment and its impact on supply in the market," 2023 Annual Meeting, July 23-25, Washington D.C. 335557, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea23:335557
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    File URL: https://ageconsearch.umn.edu/record/335557/files/26520.pdf
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    References listed on IDEAS

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    1. Wendong Zhang, 2020. "2020 Iowa State University Land Value Survey: Overview," Center for Agricultural and Rural Development (CARD) Publications 20-wp613, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Keller, Andrew J. & Boland, Michael A. & Petty, Scott A., 2022. "The Growing Use of Alternative Farmland Ownership Methods in the U.S," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2022.
    3. Timothy G. Baker & Michael D. Boehlje & Michael R. Langemeier, 2014. "Farmland: Is It Currently Priced as an Attractive Investment?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1321-1333.
    4. Daniel P. Bigelow & Jennifer Ifft & Todd Kuethe, 2020. "Following the Market? Hedonic Farmland Valuation Using Sales Prices versus Self-reported Values," Land Economics, University of Wisconsin Press, vol. 96(3), pages 418-440.
    5. Kuethe, Todd H. & Walsh, Nicholas & Ifft, Jennifer, . "Farmland versus Alternative Investments Before and After the 2008 Financial Crisis," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2013, pages 1-12.
    6. Peter J. Barry, 1980. "Capital Asset Pricing and Farm Real Estate," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 549-553.
    7. Falk, Barry, 1992. "Predictable excess returns in real estate markets: A study of iowa farmland values," Journal of Housing Economics, Elsevier, vol. 2(1), pages 84-105, March.
    8. Adesoji O. Adelaja & Yohannes G. Hailu & Ahadu T. Tekle & Saichon Seedang, 2010. "Evidence of land hoarding behavior in US agriculture," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 70(3), pages 377-398, November.
    9. Sherrick, Bruce, . "Farmland Turnover in Illinois," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 2.
    10. Ralph S. J. Koijen & Motohiro Yogo, 2019. "A Demand System Approach to Asset Pricing," Journal of Political Economy, University of Chicago Press, vol. 127(4), pages 1475-1515.
    11. Plogmann, Jana & Mußhoff, Oliver & Odening, Martin & Ritter, Matthias, 2022. "Farmland sales under returns and price uncertainty," Economic Modelling, Elsevier, vol. 117(C).
    12. Falk, Barry L., 1992. "Predictable Excess Returns in Real Estate Markets: A Study of Iowa Farmland Values," Staff General Research Papers Archive 11092, Iowa State University, Department of Economics.
    13. Adesoji O. Adelaja & Yohannes G. Hailu & Ahadu T. Tekle & Saichon Seedang, 2010. "Evidence of land hoarding behavior in US agriculture," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 70(3), pages 377-398, November.
    14. Fama, Eugene F. & French, Kenneth R., 2015. "A five-factor asset pricing model," Journal of Financial Economics, Elsevier, vol. 116(1), pages 1-22.
    15. Stefan Seifert & Christoph Kahle & Silke Hüttel, 2021. "Price Dispersion in Farmland Markets: What Is the Role of Asymmetric Information?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1545-1568, August.
    16. Tin, Jan, 1998. "Household demand for financial assets: A life-cycle analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(4), pages 875-897.
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    Cited by:

    1. Silvia Secchi, 2025. "Who is an American farmer? Who counts in American agriculture?," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 42(4), pages 2603-2613, December.

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