{"product_id":"government-policy-and-farmland-markets-isbn-9780813823294","title":"Government Policy and Farmland Markets","description":"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.  \u003cp\u003eAs 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.\u003c\/p\u003e  Contributors.  \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003eForeword.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection I: Historical Perspectives\u003c\/b\u003e on Farmland Values.\u003c\/p\u003e \u003cp\u003e1 Farmland Markets in the Development of U.S. Agriculture (\u003ci\u003eWillard W. Cochrane\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e2 Disaggregating Farmland Markets (\u003ci\u003ePhilip M. Raup\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e3 Farmland Markets: Historical Perspectives and Contemporary Issues (\u003ci\u003eBruce J. Sherrick and Peter J. Barry\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection II: Government Policies and Farmland Values.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4 The Economics and Politics of Farmland Values (\u003ci\u003eAndrew Schmitz and Richard E. Just\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e5 U.S. Commodity Policies and Land Values (\u003ci\u003eBruce Gardner\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e6 Explaining Regional Differences in the Capitalization of Policy Benefits into Agricultural Land Values (\u003ci\u003eBarry K. Goodwin, Ashok K. Mishra, and FranFois N. Ortalo-Magne\u003c\/i\u003e)\u003c\/p\u003e \u003cp\u003e7 Do Direct Payments Have Inter-Temporal Effects on U.S. Agriculture? (\u003ci\u003eTerry Roe, Agapi Somwaru, and Xinshen Diao\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e8 Economies of Farm Size, Government Payments, and Land Costs (\u003ci\u003eLuther Tweeten and Jeffrey Hopkins\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection III: Capital Markets and Farmland Values.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9 Capital Markets, Land Values, and Boom-Bust Cycles (\u003ci\u003eAllen M. Featherstone and Charles B. Moss\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e10 Hysteresis and the Value of Farmland: A Real-Options Approach to Farmland Valuation (\u003ci\u003eCalum Turvey\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e11 The Certainty Equivalence of Farmland Values: 1910 to 2000 (\u003ci\u003eCharles B. Moss, J.S. Shonkwiler, and Andrew Schmitz\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e12 Cash Rents, Imputed Returns, and the Valuation of Farmland Revisited (\u003ci\u003eKenneth Erichon, Ashok K. Mishra. and Charles B. Moss\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection IV: Transaction Costs and Farmland Values.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13 On the Dynamics of Land Markets under Transaction Costs (\u003ci\u003eJean-Paul Chavas\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e14 Spectral Evidence on the Investment Horizon and Transaction Costs for Present-Value Models of Iowa Farmland Prices (\u003ci\u003eDouglas J. Miller\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e15 Using Threshold Autoregressions to Model Farmland Prices under Transaction Costs and Variable Discount Rates (\u003ci\u003eSergio H. Lence\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection V: Urbanization, Environmental Quality, and Farmland Values.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e16 Local Land Markets and Agricultural Preservation Programs (\u003ci\u003eLori Lynch and Sabrina J. Lovell\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e17 Efficiency, Equity, and Farmland Protection: An Economic Perspective (\u003ci\u003eLawrence W. Libby\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e18 Urban Influence: Effects on U.S. Farmland Markets and Value (\u003ci\u003eCharles Barnard, Keith Wiebe, and Vince Breneman\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e19 Rural Amenities and Farmland Values (\u003ci\u003eLawrence W. Libby and Elena G. Irwin\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection VI: Regional and International Dimensions.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e20 Micro-Markets for Farmland: The Case of Florida and California (\u003ci\u003eJohn E. Reynolds and Warren Johnston\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e21 Effects of Government Restrictions on Land Ownership: The Saskatchewan Case (\u003ci\u003eJared Carlberg and Hartley Furtan\u003c\/i\u003e).\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e  \u003cb\u003eCharles Moss\u003c\/b\u003e is Professor, Food and Resource Economics, University of Florida, Gainesville, and co-editor of the \u003ci\u003eJournal of Agricultural \u0026amp; Applied Economics\u003c\/i\u003e 1999-2001.  \u003cp\u003e\u003cb\u003eAndrew Schmitz\u003c\/b\u003e is the Ben Hill Griffin Eminent Scholar and Professor, Food \u0026amp; Resource Economics, University of Florida, Gainesville.\u003c\/p\u003e  Of immeasurable value to students, faculty, and professionals involved in agricultural economics, finance, policy, 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 changes in land values. The authors of this timely book provide expert analysis and review of this subject, examining it from the following perspectives:  \u003cul\u003e \u003cli\u003eAn historical overview of the structure and performance of farmland markets in the United States\u003c\/li\u003e \u003cli\u003eThe links between farmland values and agricultural policy in the United States\u003c\/li\u003e \u003cli\u003eThe capital market dimension of farmland values\u003c\/li\u003e \u003cli\u003eThe mechanics of farmland markets, especially the cost of buying and selling farmland\u003c\/li\u003e \u003cli\u003eEnvironmental concerns, including the potential impact of urban encroachment\u003c\/li\u003e \u003cli\u003eThe role of regulations against foreign ownership of farmland on farmland values in Canada.\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47989305999589,"sku":"NP9780813823294","price":126.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780813823294.jpg?v=1761783599","url":"https:\/\/k12savings.com\/es\/products\/government-policy-and-farmland-markets-isbn-9780813823294","provider":"K12savings","version":"1.0","type":"link"}