Effect of Urban Proximity on Agricultural Land Values

Pam Guiling, B. Wade Brorsen and Damona Doye

Abstract

This article seeks to more accurately estimate the size and distance of the effect of urban proximity on agricultural land values. The econometric model lets the size and distance of the effect of urban proximity on agricultural land values vary by population, real income, and time. The changes in the effect of urban proximity over time can be largely explained by population and income. Thus, there does not appear to be a shift in preferences toward living further from the city center. (JEL Q15, R14)

This article requires a subscription to view the full text. If you have a subscription you may use the login form below to view the article. Access to this article can also be purchased.

Purchase access

You may purchase access to this article. This will require you to create an account if you don't already have one.