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Some Simple Analytics of Target Prices and Land Values

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  • Harris, Duane G.

Abstract

Because land Is a crucial factor of production in the U.S. agricultural sector, land prices have an impact on a wide range of participants in the world economy. Land prices have a direct impact on farmers' abilities to begin, operate, and expand their enterprises. Consumers worldwide are affected indirectly by land values because the cost of land services will partly determine the supply of farm commodities. Taxing authorities are directly affected by land value changes because property values are used as the basis for property tax assessment.

Suggested Citation

  • Harris, Duane G., 1976. "Some Simple Analytics of Target Prices and Land Values," ISU General Staff Papers 197612010800001042, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:197612010800001042
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    References listed on IDEAS

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    1. James L. Hedrick, 1962. "The Effects of the Price-Support Program for Peanuts on the Sale Value of Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 44(5), pages 1749-1753.
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