Estimating the determinants of agricultural land prices in Argentina

What is it about?

This article characterized land prices of the Pampean Region of Argentina employed a hedonic price model in order to value soil erosion. The methodology employs a linear hedonic price model to explain the rental rates of agricultural land, extending the model in order to consider variables associated with the relationships between economic agents due to the presence of asymmetric information. The results indicated that the variables associated with the relationships between economic agents due to the presence of asymmetric information were statistically significant.

Featured Image

Why is it important?

Agricultural land prices contain information on the value that farmers place on different attributes of land. this work intends to contribute to the analysis of agricultural land values in Argentina, by studying agricultural land prices analyzing the impact of different land attributes on farmland prices.