An information approach to the dynamics in farm income: implications for farmland markets
2011
Salois, Matthew Jude | Moss, Charles
The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values over time.
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