Hennessy, David A.; Du, Xiaodong; Edwards, William M. - Center for Agricultural and Rural Development (CARD), … - 2007
Based on the Ricardian rent theory, this study employs the variable profit function to analyze the determinants of Iowa cropland cash rental rates using county-level panel data from 1987 to 2005. Accounting for spatial and temporal autocorrelations, responses of local cash rental rates to...