STRUCTURAL HEDONIC PRICES OF LAND PARCELS IN TRANSITION FROM AGRICULTURE IN A WESTERN COMMUNITY

A single-equation nonlinear hedonic price function is estimated for parcels of rural land in transition from agriculture in a Nevada community. Empirical results are evaluated relative to the effects of selected government-provided amenities on parcel prices. Utilizing the estimated hedonic equation, bid (demand) and offer (supply) functions are determined for two dependent trait variables of parcel size and closeness to mountains.


Issue Date:
1986-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32539
Published in:
Western Journal of Agricultural Economics, Volume 11, Number 1
Page range:
50-57
Total Pages:
8




 Record created 2017-04-01, last modified 2017-04-04

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