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Alternative Measures Of Location For Rural Land Market Analysis

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  • Soto, Patricia
  • Vandeer, Lonnie
  • Henning, Steven A.
  • Niu, Huizhen

Abstract

Empirical research has used various distance variables to measure the effect of location on land values. This study tests alternative models using different distance measures such as travel time, straight line, and road distance that affect land values. The model that appears to best fit the data is the travel time model.

Suggested Citation

  • Soto, Patricia & Vandeer, Lonnie & Henning, Steven A. & Niu, Huizhen, 2003. "Alternative Measures Of Location For Rural Land Market Analysis," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35153, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeatm:35153
    DOI: 10.22004/ag.econ.35153
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    References listed on IDEAS

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    1. David L. Chicoine, 1981. "Farmland Values at the Urban Fringe: An Analysis of Sale Prices," Land Economics, University of Wisconsin Press, vol. 57(3), pages 353-362.
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    Land Economics/Use;

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