scholarly journals Factors affecting rural land values in Greenbrier County, West Virginia

1979 ◽  
Author(s):  
Luis E. Maldonado ◽  
Dale Colyer
Keyword(s):  
West Virginia ◽  
Land Values ◽  
Rural Land ◽  
Factors Affecting

scholarly journals A Tobit Model of the Demand for Farmland

1981 ◽  
Vol 13 (2) ◽  
pp. 105-109 ◽  
Author(s):  
Rod F. Ziemer ◽  
Fred C. White
Keyword(s):  
Land Use ◽  
Investment Decisions ◽  
Land Ownership ◽  
Land Use Policy ◽  
Land Values ◽  
Private Landowners ◽  
Land Resources ◽  
Rural Land ◽  
Factors Affecting ◽  
Land Use Decisions

The market for farmland has often been a subject of interest to agricultural economists, as evidenced by numerous studies that have investigated factors determining rural land values (Aines; Reynolds and Timmons; Ruttan; Sco-field). Despite the wealth of literature concerned with land values, little is known about who owns and exercises entrepreneurial control over land resources in the U.S. Consequently, there is a lack of understanding concerning the decision to purchase farmland. Lewis has suggested that better understanding of landowner investment decisions is important in determining and implementing effective land-use policy. Also, Wunderlich has noted the importance of understanding land ownership with regard to land-use decisions. Long et al. (p. 44) have suggested that “if policies are to be designed to influence private landowners’ decisions, then it seems imperative that the factors affecting landowners’ decisions and the decision process be better understood.”

scholarly journals Socio-Economic Determinants of Rural Land Values in Greenbrier County, West Virginia

1978 ◽  
Vol 7 (2) ◽  
pp. 75-77 ◽  
Author(s):  
Dale Colyer
Keyword(s):  
Land Values ◽  
General Level ◽  
Opportunity Costs ◽  
Rapid Rate ◽  
Rural Land ◽  
Economic Determinants ◽  
Additional Information ◽  
Land Owners ◽  
Factors Influencing ◽  
Economic Characteristic

Land values have tended to increase at a substantially more rapid rate than the general level of prices in recent years. There is a growing body of evidence that this is occurring due, in part, to factors other than agricultural opportunity costs, size of parcel, improvements and other factors historically related to land values (Bishop, Bryant, Pasour). Some other factors influencing rural land values seem to include urbanization, investment or speculation, and increasing wealth or incomes. Additional information on the determinants of land values is needed if these phenomena are to be more completely understood. This paper reports on a study of the relationships of socio-economic characteristic of land owners (buyers and sellers) and rural land values.

scholarly journals Factors Affecting Land Prices in a Rural New Jersey County

1979 ◽  
Vol 8 (2) ◽  
pp. 143-151 ◽  
Author(s):  
Carl A. Northcraft ◽  
Leslie E. Small
Keyword(s):  
Policy Development ◽  
Local Governments ◽  
Open Space ◽  
Multiple Regression Model ◽  
Land Market ◽  
Market Forces ◽  
Rural Land ◽  
Factors Affecting ◽  
Land Prices ◽  
State And Local

Much attention has been given in recent years to the conversion of substantial amounts of rural land to urban uses. A variety of policies designed to encourage the retention of rural open space have been either proposed or implemented by many state and local governments. Because the decision to convert land to urban uses is generally a private decision in response to market forces, an understanding of these market forces should facilitate better policy development and implementation. This paper reports on a research project designed to explore the forces affecting rural land prices in areas where the rural land market is significantly influenced by the demand for land for urban or suburban uses. Publicly available data on transfers of rural land were analyzed, using a multiple regression model, to both identify and quantify the importance of factors affecting rural land prices.

scholarly journals Land Values as a Measure of Returns to Water Resource Investments

1976 ◽  
Vol 5 (1) ◽  
pp. 17-26
Author(s):  
Dale Colyer ◽  
Leslie J. Selzer
Keyword(s):  
Economic Development ◽  
West Virginia ◽  
Natural Resources ◽  
Water Resource ◽  
Land Values ◽  
Regional Research ◽  
Small Watershed ◽  
Research Project ◽  
Excellent Review ◽  
Southern Regional

The role that natural resources play in economic development and the effects of investments in natural resources on economic development have been matters of disagreement among economists. An excellent review of the arguments was given by Jansma in his analysis of studies on the investment in small watershed projects for S-71, a Southern Regional Research project C3). The general conclusion was that there were few measurable effects on employment and income from such projects and that these generally were noticeable only after a lag of several years. Colyer, however, in a study of the effects of natural resources on the levels and changes in income and employment in West Virginia concluded that there were links, although not necessary ones, between resource endowments and measures of economic development (1).

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