Income earning potential versus consumptive amenities in determining ranchland values

被引：0

作者：

Torell, LA ^{[1
]}

Rimbey, NR

Ramírez, OA

McCollum, DW

机构：

[1] New Mexico State Univ, Dept Agr Econ & Agr Business, Las Cruces, NM 88003 USA

[2] Univ Idaho, Caldwell Res & Extens Ctr, Dept Agr Econ & Rural Sociol, Caldwell, ID USA

[3] US Forest Serv, Rocky Mt Res Stn, Ft Collins, CO USA

来源：

JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS | 2005年 / 30卷 / 03期

关键词：

consumptive value; grazing fees; grazing permit value; hedonic model; land value; lifestyle agriculture; public land grazing; voluntary grazing permit buyout;

D O I：

暂无

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

The relative importance of income earning potential versus consumptive values in setting ranchland prices is examined using a truncated hedonic model. The market value of New Mexico ranches is related to annual income earning potential and other ranch characteristics including ranch size, location, elevation, terrain, and the amount of deeded, public, and state trust land on the ranch. We found ranch income to be a statistically important determinant of land value, but yet a relatively small percentage of ranch value was explained by income earnings. Ranch location, scenic view, and the desirable lifestyle influenced ranch value more than ranch income.

引用

页码：537 / 560

页数：24

共 20 条

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