IDEAS home Printed from https://ideas.repec.org/p/ags/aaea05/19186.html
   My bibliography  Save this paper

Next Year On The U.S. Farmland Market: An Informational Approach

Author

Listed:
  • Moss, Charles B.
  • Mishra, Ashok K.
  • Erickson, Kenneth W.

Abstract

This paper formulates an information measure for changes in asset values and applies the formulation to farmland values in the United States for 1960-99. The results indicate that changes in asset values contained significant information following the Russian wheat sale in the early 1970s and the financial crisis in agriculture in the mid 1980s. Further, information about preceding year's asset value largely explains the regional distribution of current year's farmland values.

Suggested Citation

  • Moss, Charles B. & Mishra, Ashok K. & Erickson, Kenneth W., 2005. "Next Year On The U.S. Farmland Market: An Informational Approach," 2005 Annual meeting, July 24-27, Providence, RI 19186, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea05:19186
    DOI: 10.22004/ag.econ.19186
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/19186/files/sp05mo02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.19186?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Theil, Henri, 1989. "The development of international inequality 1960-1985," Journal of Econometrics, Elsevier, vol. 42(1), pages 145-155, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Charles B. Moss & Samba Mbaye & Anwar Naseem & James F. Oehmke, 2018. "Did the Plan Sénégal Emergent Affect Cropping Decisions in the Senegal River Basin?," Economies, MDPI, vol. 6(3), pages 1-17, July.
    2. Salois, Matthew & Moss, Charles, 2010. "An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets," MPRA Paper 26850, University Library of Munich, Germany.
    3. Livanis, Grigorios & Moss, Charles B., 2010. "The effect of Africanized honey bees on honey production in the United States: An informational approach," Ecological Economics, Elsevier, vol. 69(4), pages 895-904, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Duro, Juan Antonio & Esteban, Joan, 1998. "Factor decomposition of cross-country income inequality, 1960-1990," Economics Letters, Elsevier, vol. 60(3), pages 269-275, September.
    2. Leandro Prados de la Escosura, 2023. "Inequality Beyond GDP: A Long View," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 69(3), pages 533-554, September.
    3. Kashnitsky, Ilya & de Beer, Joop & van Wissen, Leo, 2017. "Decomposition of regional convergence in population aging across Europe," OSF Preprints ykqbv, Center for Open Science.
    4. Thomas Knaus & Miriam Beblo, 2000. "Measuring Income Inequality in Euroland," LIS Working papers 232, LIS Cross-National Data Center in Luxembourg.
    5. Wojan, Timothy R. & Maung, Adam C., 1998. "The Debate Over State-Level Inequality:Transparent Method, Rules of Evidence, and Empirical Power," The Review of Regional Studies, Southern Regional Science Association, vol. 28(1), pages 63-80, Summer.
    6. Dong Hee Suh, 2018. "An Entropy Approach to Regional Differences in Carbon Dioxide Emissions: Implications for Ethanol Usage," Sustainability, MDPI, vol. 10(1), pages 1-11, January.
    7. David Warner & D. S. Prasada Rao & William E. Griffiths & Duangkamon Chotikapanich, 2014. "Global Inequality; Levels and Trends, 1993–2005: How Sensitive are These to the Choice of PPPs and Real Income Measures?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S2), pages 281-304, November.
    8. Sampath, Rajan K. & Anwer, Muhammad Sarfraz, 2002. "Inequality In World Gdp Distribution," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36529, Western Agricultural Economics Association.
    9. Goetz, Stephen J., 1991. "Single- and Multi-Dimensional Theil Measures of Inequality: An Application to Farm Households," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271278, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Muhammad Hafeez & Chunhui Yuan & Issam Khelfaoui & Almalki Sultan Musaad O & Muhammad Waqas Akbar & Liu Jie, 2019. "Evaluating the Energy Consumption Inequalities in the One Belt and One Road Region: Implications for the Environment," Energies, MDPI, vol. 12(7), pages 1-15, April.
    11. Duangkamon Chotikapanich & William E Griffiths & D.S. Prasada Rao & Vicar Valencia, 2009. "Global Income Distribution and Inequality: 1993 and 2000," Department of Economics - Working Papers Series 1062, The University of Melbourne.
    12. Parker, Simon C. & Gardner, Sam, 2002. "International income mobility," Economics Letters, Elsevier, vol. 76(2), pages 179-187, July.
    13. Ke-Mei Chen & Te-Mu Wang, 2015. "Determinants of Poverty Status in Taiwan: A Multilevel Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 123(2), pages 371-389, September.
    14. Kathy J. Hayes & Leola B. Ross, 1996. "Is airline price dispersion the result of careful planning or competitive forces?," Working Papers 9607, Federal Reserve Bank of Dallas.
    15. Sergio J. Rey & Mark V. Janikas, 2003. "Convergence and space," Urban/Regional 0311002, University Library of Munich, Germany, revised 16 Nov 2003.
    16. Sergio J. Rey & Mark V. Janikas, 2005. "Regional convergence, inequality, and space," Journal of Economic Geography, Oxford University Press, vol. 5(2), pages 155-176, April.
    17. Frank Cowell, 2005. "Theil, Inequality Indices and Decomposition," Working Papers 01, ECINEQ, Society for the Study of Economic Inequality.
    18. Shashanka Bhide & Ric Shand, 2000. "Inequalities in Income Growth in India Before and After Reforms," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 1(1), pages 19-51, March.
    19. Salois, Matthew J., 2013. "Regional changes in the distribution of foreign aid: An entropy approach," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(13), pages 2893-2902.

    More about this item

    Keywords

    Land Economics/Use;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea05:19186. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.