THE EFFECTS OF PARCEL CHARACTERISTICS ON THE VALUE OF AGRICULTURAL LAND IN WASHINGTON STATE

Feng Xu, Ron Mittelhammer () and Paul W. Barkley

No 271078, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study examines the effects of selected parcel characteristics on agricultural land values. A nonlinear hedonic model is estimated for each of six regions in Washington State. The nonnegative nature of land price was modeled directly via a truncated logistic distribution. The truncation effect was significant in half of the regions.

Keywords: Agricultural and Food Policy; Land Economics/Use (search for similar items in EconPapers)
Pages: 15
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271078

DOI: 10.22004/ag.econ.271078

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