Farmland Prices: Is This Time Different?

2014 ◽  
Vol 36 (4) ◽  
pp. 577-603 ◽  
Author(s):  
Sergio H. Lence
Keyword(s):  
2017 ◽  
Vol 12 (No. 1) ◽  
pp. 18-28 ◽  
Author(s):  
P. Sekáč ◽  
M. Šálek ◽  
A. Wranová ◽  
P. Kumble ◽  
P. Sklenička

Conversion of farmland to non-farm uses significantly influences the spatial variability of farmland prices. We tested 12 factors of land prices that experienced real estate brokers indicated to be the most important determinants for the conversion of farmland to non-agricultural use. Five factors can be described as landscape, four as geographic, and three as climatic explanatory variables influencing farmland prices. Our results indicate that the two most powerful factors in explaining the sales price per square metre were proximity to a river and proximity to a lake. In both cases, the price of land diminished significantly with the increasing distance from the edge of water bodies, so the prices in their immediate vicinity are 3.5 to 3.7 times higher than the prices of similar lands more than 5 km from the edge of a water body. The other significant factors were population size of the nearest municipality and percentage representation of forest. The fact that the two most powerful factors indicate the distance to a river, brook, lake or pond shows how important are these freshwater features as determinants of farmland prices in a landlocked country such as the Czech Republic, where this study was performed. The consequences of this finding for water resources planning and management are discussed.


2006 ◽  
Vol 88 (4) ◽  
pp. 915-929 ◽  
Author(s):  
Grigorios Livanis ◽  
Charles B. Moss ◽  
Vincent E. Breneman ◽  
Richard F. Nehring
Keyword(s):  

2019 ◽  
Vol 241 ◽  
pp. 118519 ◽  
Author(s):  
Mei-Chun Lai ◽  
Pei-Ing Wu ◽  
Je-Liang Liou ◽  
Yi Chen ◽  
Hanhui Chen

Author(s):  
D.A. Neal

Farm business success for challenge and satisfaction may include wealth aggregation. Analysis of the importance of asset management compared to production/cash flow to aggregate wealth suggests they are linked but that asset management is more lucrative. Influences on farmland prices are discussed, as well as observations of top wealth aggregators in farming. Keywords: asset management, production/cash flow, wealth aggregation


Land ◽  
2019 ◽  
Vol 8 (1) ◽  
pp. 19 ◽  
Author(s):  
Olena Myrna ◽  
Martin Odening ◽  
Matthias Ritter

In the context of the rapid development of renewable energy in Germany in the last decade, and increased concerns regarding its potential impacts on farmland prices, this paper investigates the impact of wind energy and biogas production on agricultural land purchasing prices. To quantify the possible impact of the cumulative capacity of wind turbines and biogas plants on arable land prices in Saxony-Anhalt, we estimate a community-based and a transaction-based model using spatial econometrics and ordinary least squares. Based on data from 2007 to 2016, our analysis shows that a higher cumulative capacity of wind turbines in communities leads to higher farmland transaction prices, though the effect is very small: if the average cumulative capacity of wind turbines per community doubles, we expect that farmland prices per hectare increase by 0.4%. Plots that are directly affected by a wind turbine or part of a regional development plan, however, experience strong price increases.


2012 ◽  
Vol 29 (3) ◽  
pp. 674-683 ◽  
Author(s):  
Patricia Abelairas-Etxebarria ◽  
Inma Astorkiza

2018 ◽  
Vol 7 (1) ◽  
Author(s):  
Alex Wilhans Antonio Palludeto ◽  
Tiago Santos Telles ◽  
Roney Fraga Souza ◽  
Fábio Rodrigues de Moura

2006 ◽  
Vol 128 (4) ◽  
pp. 455-466 ◽  
Author(s):  
Niels Strange ◽  
Carsten Rahbek ◽  
Jacob K. Jepsen ◽  
Mette P. Lund

2007 ◽  
Vol 34 (2) ◽  
pp. 161-179 ◽  
Author(s):  
Luciano Gutierrez ◽  
Joakim Westerlund ◽  
Kenneth Erickson

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