Testing for regional convergence of agricultural land prices

被引：14

作者：

Yang, Xinyue ^{[1
]}

Ritter, Matthias ^{[1
]}

Odening, Martin ^{[1
]}

机构：

[1] Humboldt Univ, Dept Agr Econ, Farm Management Grp, Fac Life Sci, Unter Linden 6, D-10099 Berlin, Germany

来源：

LAND USE POLICY | 2017年 / 64卷

关键词：

Agricultural land market; Law of one price; Spatial price convergence; UNIT-ROOT TESTS; PANEL-DATA; LAW; STATIONARITY; INTEGRATION; MARKET; STATES; MODEL;

D O I：

10.1016/j.landusepol.2017.02.030

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

The focus of this paper is on spatial market integration in agricultural land markets. We scrutinize the applicability of the law of one price to land markets and distinguish between absolute and relative versions of this "law". Panel data unit root and stationarity tests are applied to land sale prices in the German state Lower Saxony. Three main clusters with different price developments are detected. Our results indicate that the law of one price holds only locally due to structural differences among regions. (C) 2017 Elsevier Ltd. All rights reserved.

引用

页码：64 / 75

页数：12

共 50 条

[21] Determinants of Agricultural Land Prices at Macro Level
Aleknavicius, Marius
RURAL DEVELOPMENT IN GLOBAL CHANGES, VOL 5, BOOK 2, 2011, 5 (02): : 385 - 390
[22] Non-Agricultural Factors in Land Prices
不详
JOURNAL OF LAND AND PUBLIC UTILITY ECONOMICS, 1946, 22 (02): : 173 - 176
[23] The Spatial and Temporal Diffusion of Agricultural Land Prices
Yang, Xinyue
Odening, Martin
Ritter, Matthias
LAND ECONOMICS, 2019, 95 (01) : 108 - 123
[24] The influence of wind energy on agricultural land prices
Ritter, Matthias
Huettel, Silke
Walter, Marian
Odening, Martin
BERICHTE UBER LANDWIRTSCHAFT, 2015, 93 (03):
[25] AGRICULTURAL LAND PRICES - THE EFFECT OF THE TERMS OF A SALE
GRAY, EC
PRENTICE, BE
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D ECONOMIE RURALE, 1982, 30 (02): : 175 - 186
[26] EU regional convergence in the agricultural sector: Are there synergies between agricultural and regional policies?
Calegari, Elena
Fabrizi, Enrico
Guastella, Gianni
Timpano, Francesco
PAPERS IN REGIONAL SCIENCE, 2021, 100 (01) : 23 - 50
[27] THE INFLUENCE OF LAND CONSOLIDATION ON YIELD VALUE, LAND-VALUE AND LEASE PRICES OF AGRICULTURAL PROPERTY, DEMONSTRATED WITH THE HELP OF A REGIONAL MARKET
HEINZLMEIR, A
ZEITSCHRIFT FUR KULTURTECHNIK UND FLURBEREINIGUNG, 1985, 26 (01): : 13 - 22
[28] Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan
Lee, Chun-Chang
Chen, Yi-Xin
Wu, Yun-Ling
Yeh, Wen-Chih
Liang, Chih-Min
LAND, 2020, 9 (12) : 1 - 21
[29] Relationship between the Land Rent and Agricultural Land Prices in the Czech Republic
Strelecek, Frantisek
Jel-Nek, Ladislav
Lososova, Jana
Zdenek, Radek
STATISTIKA-STATISTICS AND ECONOMY JOURNAL, 2011, 48 (02) : 49 - 59
[30] Heterogeneous convergence of regional house prices and the complexity in China
Lin, Rui
Zhang, Xin
Li, Xiuting
Dong, Jichang
ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS, 2015, 33 (02): : 325 - 348

← 1 2 3 4 5 →