This article determines the accuracy of quarterly land value forecasts provided by bankers through the Federal Reserve Bank of Kansas City’s Survey of Agricultural Credit Conditions. Bankers’ qualitative forecasts of up, down, or no change are compared against actual, selfreported...

Historically, cropland rental rates have been substantially higher than rental rates for pasture. Currently however, the gap between selling prices of cropland and pasture in Oklahoma has shrunk in western Oklahoma and pasture now sells for more than cropland in eastern Oklahoma. Regression...

Dual-purpose winter wheat (fall-winter forage plus grain) production is an important economic enterprise in the southern Great Plains. Grazing termination to enable grain production is a critical decision. The objective is to determine the optimal grazing termination date for dual-purpose wheat....

This paper uses a two-good specific factors model to derive a relationship between international trade, land degradation, and welfare. Because developing countries enjoy comparative advantage in agriculture, they will export agricultural goods. We found that trade could lower steady state land...

Agricultural land is being converted into rural residences at historic rates. Landholders and residents of amenity rich Sublette County, Wyoming were surveyed concerning preferences for land use controls. Logit models are estimated for policy approval. Private choice variables rather than public...

Thailand's economic boom since 1987 resulted in absolute agricultural employment and land use declines. Both were caused by rapid wage growth due to nonagricultural investment. Irreversible land use changes and rapid agricultural mechanization have followed. Following the 1987 financial crisis,...

The impact of soil conservation adoption on yield and yield risk is investigated using a conditionally heteroskedastic production function with endogenous switching. Analysis shows that controlling for plot-specific factors, adopters exhibit lower yields and higher yield variance than...

This research examines effects of various factors on participation in agricultural tree plantations for economic, environmental, social and carbon-uptake purposes. Using survey data from 2000 mail surveys of Canadian farmers, a discrete choice random utility analysis is used to determine...

Agricultural policy support to farmers is being reconsidered in most industrialized countries. The adverse incentive structure of price support is generally considered to be inadequate. Income support schemes may therefore be preferable in view of externalities of agricultural production such as...