IDEAS home Printed from https://ideas.repec.org/p/ags/saea14/162460.html
   My bibliography  Save this paper

Effects of Shale Energy Production on Cropland Land Rents in North Dakota

Author

Listed:
  • Lang, Markus
  • Saghaian, Sayed

Abstract

This paper explores the effects of increasing energy production in North Dakota on cropland rents from 2009 to 2011. Results show a small negative impact of natural gas production revenue on average per acre rents. While small, the impact increased steadily over the three year period.

Suggested Citation

  • Lang, Markus & Saghaian, Sayed, 2014. "Effects of Shale Energy Production on Cropland Land Rents in North Dakota," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162460, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162460
    DOI: 10.22004/ag.econ.162460
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/162460/files/SAEA%202014%20Paper%20Lang%20and%20Saghaian.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.162460?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Allen M. Featherstone & Timothy G. Baker, 1988. "Effects of Reduced Price and Income Supports on Farmland Rent and Value," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 10(2), pages 177-189.
    2. Leistritz, F. Larry & Wiedrich, Garland D. & Vreugdenhil, Harvey G., 1985. "Effects Of Energy Development On Agricultural Land Values," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(2), pages 1-12, December.
    3. Aakre, Dwight G. & Haugen, Ronald H., 2012. "Results of the North Dakota Land Valuation Model for the 2012 Agricultural Real Estate Assessment," Agribusiness & Applied Economics Report 128042, North Dakota State University, Department of Agribusiness and Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Callahan, Scott & Ifft, Jennifer & Michaud, Clayton P., 2022. "The impact of countercyclical farm programs on agricultural land values," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322579, Agricultural and Applied Economics Association.
    2. Featherstone, Allen M., 1990. "Optimal Capital Structure as Business Risk Changes," 1990 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, January 28-31, 1990, Sanibel Island, Florida 271544, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
    3. Oltmer, Katrin & Florax, Raymond J.G.M., 2001. "Impacts Of Agricultural Policy Reform On Land Prices: A Quantitative Analysis Of The Literature," 2001 Annual meeting, August 5-8, Chicago, IL 20507, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Lohano, Heman Das, 2002. "A Stochastic Dynamic Programming Analysis of Farmland Investment and Financial Management," Faculty and Alumni Dissertations 309035, University of Minnesota, Department of Applied Economics.
    5. Shaik, Saleem & Atwood, Joseph A. & Helmers, Glenn A., 2012. "Did 1933 new deal legislation contribute to farm real estate values: A regional analysis," Journal of Policy Modeling, Elsevier, vol. 34(6), pages 801-816.
    6. Patton, Myles & Kostov, Philip & McErlean, Seamus & Moss, Joan, 2008. "Assessing the influence of direct payments on the rental value of agricultural land," Food Policy, Elsevier, vol. 33(5), pages 397-405, October.
    7. Fu, Hong & Peng, Yanling & Zheng, Linyi & Liu, Qi & Zhou, Li & Zhang, Yuehua & Kong, Rong & Turvey, Calum G., 2022. "Heterogeneous choice in WTP and WTA for renting land use rights in rural china: Choice experiments from the field," Land Use Policy, Elsevier, vol. 119(C).
    8. Langemeier, Michael R., 2013. "Impact of Crop Insurance Indemnity Payments on Cash Rents and Land Values," 2013 AAEA: Crop Insurance and the Farm Bill Symposium 156836, Agricultural and Applied Economics Association.
    9. Turvey, Calum G. & Ellinger, Paul N., 2002. "A Comparative Study of the Financial Performance of Grain and Oilseed Farms in Ontario and Illinois," 2002 Regional Committee NC-221, October 7-8, 2002, Denver, Colorado 132376, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    10. Laure Latruffe & Chantal Le Mouël, 2009. "Capitalization Of Government Support In Agricultural Land Prices: What Do We Know?," Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 659-691, September.
    11. Mishra, Ashok K. & Moss, Charles B. & Erickson, Kenneth W., 2004. "Effect Of Debt Solvency On Farmland Values: A Panel Cointegration Approach," 2004 Annual meeting, August 1-4, Denver, CO 20261, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. El-Osta, Hisham S. & Mishra, Ashok K., 2005. "Dimensions of Wealth Dispersion Among Farm Operator Households: An Assessment of the Impact of Farm Subsidies," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(1), pages 187-208, April.
    13. Joyce Hall Krause & B. Wade Brorsen, 1995. "The Effect of Risk on the Rental Value of Agricultural Land," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(1), pages 71-76.
    14. Li, Shasha & Boehlje, Michael, 2013. "Financial Vulnerability Of Midwest Grain Farms: Implications Of Price, Yield And Cost Shocks," Working papers 153326, Purdue University, Department of Agricultural Economics.
    15. Feichtinger, Paul & Salhofer, Klaus, 2013. "What Do We Know about the Influence of Agricultural Support on Agricultural Land Prices?," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 62(02), pages 1-15, May.
    16. Feichtinger, Paul & Salhofer, Klaus, 2013. "What Do We Know about the Influence of Agricultural Support on Agricultural Land Prices?," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 62(2).
    17. Richard J Vyn & James Rude, 2020. "The Influence of Supply Management on Farmland Values in Ontario," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(4), pages 815-834, December.
    18. Perera, Jayantha R. & Outlaw, Joe L. & Knutson, Ronald D., 1996. "Minnesota-Wisconsin Milk Price Drives Cheese Price: Some Empirical Evidence," Research Reports 257900, Texas A&M University, Agricultural and Food Policy Center.
    19. Forster, D. Lynn, 2006. "An Overview of U.S. Farm Real Estate Markets," Working Papers 28319, Ohio State University, Department of Agricultural, Environmental and Development Economics.
    20. Turvey, Calum G., 2002. "Can Hysteresis And Real Options Explain The Farmland Valuation Puzzle?," Working Papers 34131, University of Guelph, Department of Food, Agricultural and Resource Economics.

    More about this item

    Keywords

    Farm Management; Land Economics/Use;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea14:162460. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.