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Land Quality And Prices


  • Peterson, Willis L.


The major objective of this paper is to develop a cross section land quality index for the United States that hopefully overcomes one of the problems inherent in the most common land quality index presently used. After adjusting agricultural land for quality, a cross section, quality constant, U.S. land price index also is constructed. Lastly the weights obtained in constructing the U.S. land quality index are utilized to construct an international cross section land quality index for the world.

Suggested Citation

  • Peterson, Willis L., 1984. "Land Quality And Prices," Staff Papers 14151, University of Minnesota, Department of Applied Economics.
  • Handle: RePEc:ags:umaesp:14151

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    References listed on IDEAS

    1. Robert Evenson, 1974. "The "Green Revolution" in Recent Development Experience," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(2), pages 387-394.
    2. William D. Nordhaus, 1973. "Some Skeptical Thoughts on the Theory of Induced Innovation," The Quarterly Journal of Economics, Oxford University Press, vol. 87(2), pages 208-219.
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    Cited by:

    1. Zuleta C., Juan Carlos, 1986. "Country Size, Level Of Development, Relative Importance Of Agriculture And Agricultural Research In Ldc'S," Staff Papers 13280, University of Minnesota, Department of Applied Economics.
    2. Shehryar Rashid & Asjad Tariq Sheikh, 2015. "Farmers’ Perceptions of Agricultural Land Values in Rural Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 54(4), pages 809-821.

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    Land Economics/Use;


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