This thesis investigated the contribution of the forest to neighboring property
prices and explored the possible impacts from different neighboring forest characteristics
with the hedonic property price model.
The quadratic Box-Cox model was applied to choose the proper functional form.
The square root model was chosen to be the interpretable...
The "unusual" behavior of agricultural land prices is the subject of considerable debate and controversy and is the object of this research. There is little doubt that land prices have been increasing steadily since 1959 and dramatically throughout the decade of the 1970's. However, there is widespread disagreement among economists,...
Concern over the apparent disparity between the farm use value
and current market value of property in agricultural areas continues
to remain a source of concern in many areas. This concern has
intensified in recent years, particularly in those agricultural areas
situated near urban centers and recreational areas.
The main...