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  5. Library Resource

    1999 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS 1999-2008

    Policy Papers & Briefs
    December, 1999

    Net farm income for most representative farms in 2008 will be higher than in 1999. However, low profit farms, which consist of 25% of the farms in the study, may have a negative net farm income throughout the forecasting period and may not have financial resiliency to survive. This is true under both optimistic and pessimistic scenarios. All farms except low profit farms may do well under the optimistic scenario, while only high profit farms may be able to survive under the pessimistic scenario. Cropland prices are projected to remain constant.

  7. Library Resource

    Land Quality in an International Comparison: It's Importance in Measuring Productivity

    Conference Papers & Reports
    December, 2002
    United States of America

    The purpose of this paper has been to present quality-adjusted values for land in the United States and nine European countries using price and quantity data for 1990. Disregarding such differences in the quality-adjusted land input would generate biased estimates of the land input and thus of total factor productivity. Land quality adjustments could potentially be enhanced further with additional data on soil characteristics, climate, and other productivity-related characteristics.

  9. Library Resource

    Impacts of Agri-Environmental Policies on Land Allocation and Prices

    Conference Papers & Reports
    December, 2005
    land allocation

    We used Ricardian framework with heterogeneous land quality to analyse how policies used to support farm incomes, reduce negative agri-environmental externalities and enhance the provision of positive externalities influence land allocation decisions and land prices. Four agri-environmental policy instruments are considered: a uniform area payment, a quality-dependent area payment, a mandatory buffer strip policy and a voluntary buffer strip payment. We also analyse how general tax and monetary policies may affect agricultural land prices.

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