Farmland pricing in an inflationary economy with implications for public policy
Farmland pricing in an inflationary economy with implications for public policy
Leathers, Kenneth L. ; Gough, J. D.
Leathers, Kenneth L.
Gough, J. D.
Date
1984-10
Type
Monograph
Collections
Keywords
Fields of Research
ANZSRC::0701 Agriculture, Land and Farm Management , ANZSRC::1402 Applied Economics
Abstract
While the importance of the price of land in agricultural
production and policy is well recognised, land price formation is a
process not well understood.
The study reported here was aimed at an examination of the cause
and implications of farmland price inflation in New Zealand over the
past 20 or so years. The report attempts to isolate some of the
factors other than annual earnings that could explain the sudden
increase in the market value of farmland during an inflationary period.