Data from Department of Agriculture Advance Knowledge in Farming
2012 APR 19 - (VerticalNews.com) -- "This paper uses an entropy-based information approach to determine if farmland values are more closely associated with urban pressure or farm income," scientists writing in the journal European Review of Agricultural Economics report.
"The basic question is: how much information on changes in farm real estate values is contained in changes in population versus changes in returns to production agriculture? Results suggest population is informative, but changes in farmland values are more strongly associated with changes in the distribution of returns. However, this relationship is not true for every region nor does it hold over time, as for some regions and time periods changes in population are more informative," wrote M. Salois and colleagues, Department of Agriculture.
The researchers concluded: "Results have policy implications for both equity and efficiency."
Salois and colleagues published their study in European Review of Agricultural Economics (Farm income, population and farmland prices: a relative information approach. European Review of Agricultural Economics, 2012;39(2):289-307).
Additional information can be obtained by contacting M. Salois, Dept. of Agriculture, Washington, DC 20250, United States.
The publisher of the journal European Review of Agricultural Economics can be contacted at: Oxford Univ Press, Great Clarendon St, Oxford OX2 6DP, England.
Keywords: City:Washington, State:District of Columbia, Country:United States, Region:North and Central America, Farming
This article was prepared by VerticalNews Agriculture editors from staff and other reports. Copyright 2012, VerticalNews Agriculture via VerticalNews.com.