A comparison of farmland value determinants in Chile

What is it about?

This study’s objective is to identify the determinants of the value of agricultural land in Chile for the periods 1978-1998 and 1999-2008 to analyze the evolution of the factors that determined the price of agricultural land between these two periods.

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Why is it important?

Research on the determinants that influence the price of farmland has found renewed interest in the past decade because agricultural land values are an important source of information for tracing the distribution of benefits generated by agricultural growth.