We review the recent theoretical and empirical literature on the capitalization of agricultural
subsidies into land prices. The theoretical literature predicts that agricultural subsidies are …

This chapter first discusses what economists mean by “the incidence of agricultural policy”
and why we care about it. Then it reviews models of the determinants of the differential …

Who benefits from agricultural subsidies is an open question. Economic theory predicts that
the entire subsidy incidence should be on the farmland owners. Using a complementary set …

After a long and contentious Congressional debate, President Bush signed the new 2002
Farm Bill into law on May 13, 2002. The new farm legislation calls for increases in support …

This study investigates the impact of no‐till practice on agricultural land values in the United
States (US) Midwest. Two county‐level panel data sets—the agricultural census farmland …

The objective of this paper is to provide an overview of existing literature, both theoretically
and empirically, on the extent to which agricultural subsidies do translate into higher land …

The recent appreciation in agricultural land values across the United States has raised a
number of important questions for farmers, farmland owners, lenders, and policy makers …

Economic theory and empirical findings suggest that the way in which agricultural support is
provided has an influence on land markets. Support payments tend to become capitalised …

This article analyses determinants for 2001 farmland rental prices from 3,819 farms in
Germany. Based on specification tests we estimate a general spatial model to account for …

In periurban belts, landowners expect agricultural parcels to be converted to urban use and
so farmland prices fall with distance from cities, owing to premiums reflecting potential …