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An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets

Salois, Matthew and Moss, Charles (2010): An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets.

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Abstract

The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of income to farmland in explaining the distribution of farmland values over time.

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