Factors influencing Kansas agricultural farm land values

被引:42
|
作者
Tsoodle, LJ [1 ]
Golden, BB
Featherstone, AM
机构
[1] Kansas State Univ, Dept Agr Econ, Manhattan, KS 66506 USA
[2] Tarleton State Univ, Stephenville, TX 76402 USA
关键词
D O I
10.3368/le.82.1.124
中图分类号
F [经济];
学科分类号
02 ;
摘要
Land transactions typically involve a substantial investment of time and money for parties involved in the sale. Because of the size of the investment and infrequency of purchases/sales, significant personal interaction between buyer and seller often results. In this study, farmland sales in 104 of 105 Kansas counties from 1986-2000 were examined to quantify the influence of personal relationships and changes over time. Transactions between related parties resulted in a 43% discount on the per acre sales price. Results indicated that social capital effects have increased over time, with the discount on sales between related parties growing 2% per year.
引用
收藏
页码:124 / 139
页数:16
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