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Combining Survey and Other Data to Estimate Agricultural Land Values

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  • Barnard, Charles H.
  • Pfeffermann, Danny

Abstract

Combining survey, census, and administrative data improves the precision of survey estimates of mean agricultural land values. A components-of-variance model is developed and applied to cropland value data for the Corn Belt Performance of the model compared with other procedures is tested using cross-validation techniques. Results indicate that use of the proposed estimator would improve upon the USDA estimators at both the State and strata levels. At the strata level particularly, the improvements may be very substantial.

Suggested Citation

  • Barnard, Charles H. & Pfeffermann, Danny, 1990. "Combining Survey and Other Data to Estimate Agricultural Land Values," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 42(2), pages 1-13.
    • Handle: RePEc:ags:uersja:139023
    DOI: 10.22004/ag.econ.139023
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    References listed on IDEAS

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    1. E. C. Pasour, 1973. "Real Property Taxes and Farm Real Estate Values: Incidence and Implications," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(4_Part_1), pages 549-556.
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    Keywords

    Land Economics/Use;

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