Land Quality And Prices
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.
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