Farmland values and agricultural growth: The case of Chile
This study analyzes the relationships between farmland values and factors associated with the growth in Chilean agriculture, and identifies agricultural land value’s determinants by estimating a log-linear hedonic price function. The results indicate that a parcel’s market value varies according to...
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| Format: | Article |
| Language: | English |
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Universitat Politècnica de València
2014-01-01
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| Series: | Economía Agraria y Recursos Naturales |
| Subjects: | |
| Online Access: | https://polipapers.upv.es/index.php/EARN/article/view/4893 |
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| _version_ | 1850106023006699520 |
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| author | Guillermo Donoso José Cancino William Foster |
| author_facet | Guillermo Donoso José Cancino William Foster |
| author_sort | Guillermo Donoso |
| collection | DOAJ |
| description | This study analyzes the relationships between farmland values and factors associated with the growth in Chilean agriculture, and identifies agricultural land value’s determinants by estimating a log-linear hedonic price function. The results indicate that a parcel’s market value varies according to its suitability and productivity for different crops, its location and transport costs, its potential for residential use, and other factors that determine expectations of future income streams. Farms with soil aptitude for fruits, high-valued export-oriented crops that have led Chile’s agricultural boom, have higher values than those with forestry soil aptitude. |
| format | Article |
| id | doaj-art-db4d17092370424db1f8e4f1afc72eb7 |
| institution | OA Journals |
| issn | 1578-0732 2174-7350 |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Universitat Politècnica de València |
| record_format | Article |
| series | Economía Agraria y Recursos Naturales |
| spelling | doaj-art-db4d17092370424db1f8e4f1afc72eb72025-08-20T02:38:56ZengUniversitat Politècnica de ValènciaEconomía Agraria y Recursos Naturales1578-07322174-73502014-01-01132335210.7201/earn.2013.02.023115Farmland values and agricultural growth: The case of ChileGuillermo Donoso0José Cancino1William Foster2Pontificia Universidad Católica de ChileUniversidad Tecnológica de Chile, INACAPPontificia Universidad Católica de ChileThis study analyzes the relationships between farmland values and factors associated with the growth in Chilean agriculture, and identifies agricultural land value’s determinants by estimating a log-linear hedonic price function. The results indicate that a parcel’s market value varies according to its suitability and productivity for different crops, its location and transport costs, its potential for residential use, and other factors that determine expectations of future income streams. Farms with soil aptitude for fruits, high-valued export-oriented crops that have led Chile’s agricultural boom, have higher values than those with forestry soil aptitude.https://polipapers.upv.es/index.php/EARN/article/view/4893agricultural land valueschilehedonic models |
| spellingShingle | Guillermo Donoso José Cancino William Foster Farmland values and agricultural growth: The case of Chile Economía Agraria y Recursos Naturales agricultural land values chile hedonic models |
| title | Farmland values and agricultural growth: The case of Chile |
| title_full | Farmland values and agricultural growth: The case of Chile |
| title_fullStr | Farmland values and agricultural growth: The case of Chile |
| title_full_unstemmed | Farmland values and agricultural growth: The case of Chile |
| title_short | Farmland values and agricultural growth: The case of Chile |
| title_sort | farmland values and agricultural growth the case of chile |
| topic | agricultural land values chile hedonic models |
| url | https://polipapers.upv.es/index.php/EARN/article/view/4893 |
| work_keys_str_mv | AT guillermodonoso farmlandvaluesandagriculturalgrowththecaseofchile AT josecancino farmlandvaluesandagriculturalgrowththecaseofchile AT williamfoster farmlandvaluesandagriculturalgrowththecaseofchile |