Shigeto, Sawako; Hubbard, Lionel; Dawson, Philip - In: Agricultural Economics 39 (2008) 1, pp. 103-109
Historically, the Japanese farmland market has been strongly regulated, although fundamental changes in policy were introduced in 1967 and 1980. This article examines the relationship between farmland prices and rents in Japan for 1955-2000 using the cointegration procedure of Johansen et al....