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Overview
Of immeasurable value to lenders, agricultural economists, and a host of agribusinesses this unique volume brings together leading farmland authorities in the United States and Canada to examine the economic determinants of land value and the consequences of change in land values.As the most basic factor of production in the agricultural enterprise, farmland dominates the agricultural balance sheet, accounting for an average of 70% of all agricultural assets. The authors of this timely book provide expert analysis and review of this subject.
Synopsis
North American authorities in the fields of agriculture, consumer and resource economics, agribusiness, and food policy present 21 essays addressing a variety of economic issues surrounding farmland markets. Largely drawn from a May 2002 conference held in Washington, DC titled "Government Policy and Farmland Markets: Implications for the New Economy," the contributions address farmland values from several angles: historical perspectives; government policies; capital markets; transaction costs; and urbanization and environmental quality. Annotation ©2004 Book News, Inc., Portland, OR