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What can we say about land prices?

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  • Pedersen, Michael Friis
  • Olsen, Jakob Vesterlund

Abstract

Stakeholders in agricultural land markets can have a legitimate interest in the impact of policy changes on land prices. Agricultural economists may be asked to answer questions regarding the potential impacts of suggested policy changes on land price, ex ante. This paper addresses the question of what agricultural economists can answer, given enquiries into such matters. Based on a comparison of methodologies used the paper concludes, that even though methods in the field are advanced they tend to focus on either a cash flow dimension or a quality dimension of land price, while the questions that stakeholders need answered require both.

Suggested Citation

  • Pedersen, Michael Friis & Olsen, Jakob Vesterlund, 2019. "What can we say about land prices?," 165th Seminar, April 4-5, 2019, Berlin, Germany 288442, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaa165:288442
    DOI: 10.22004/ag.econ.288442
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    Keywords

    Land Economics/Use;

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