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Nonagricultural factors impact land values to cause a divergence of discounted cash rents for agricultural land and land values in Georgia. General economic factors are represented by per capita income in nonmetro areas. Cash rents for cropland and pasture have positive impacts on land values....
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Peanuts accounted for 34 percent of Georgia’s crop income and 13 percent of the State’s total farm income in 1992. The total economic impact of peanut production to the Georgia economy is $1.16 billion annually. Per acre, peanuts provide 2.8 times the debt serving capacity of...
Persistent link: https://www.econbiz.de/10008465947
Farm bill legislation directed at agricultural commodities contributes to economies of rural areas. This research quantifies the economic impacts of the Georgia cotton industry for the U.S. economy. A cotton industry model with cotton and peanut acreage is utilized with IMPLAN to estimate...
Persistent link: https://www.econbiz.de/10008543692
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