Spatial effects are determinants of agricultural land prices in Brazil
Bibliographic Data
| ID | 4010767 |
|---|---|
| Authors | Felipe César Marques (0000-0003-2452-8283, Universidade Estadual de Londrina, Brasil; Instituto de Desenvolvimento Rural do Paraná, Brasil), Tiago S Telles (0000-0001-5817-3420, Universidade Estadual de Londrina, Brasil; Instituto de Desenvolvimento Rural do Paraná, Brasil) |
| Year | 2023 |
| Volume | 61 |
| Issue | 3 |
| Publication date | 2023-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Revista de Economia e Sociologia Rural (JOURNAL) |
| Journal identifiers | ISSN: 0103-2003 • E-ISSN: 1806-9479 |
| Publisher | FapUNIFESP (SciELO) (PUBLISHER) |
| DOI | 10.1590/1806-9479.2022.262420en |
| OpenAlex | W4308015066 |
| SCIELO_PID | S0103-20032023000300213 |
| Language | EN |
| References cited | 51 |
This study aims to determine whether spatial effects are determinants of agricultural land prices in Brazil. For this purpose, data on the value of the bare land in municipalities in Brazil for 2020, provided by the Federal Revenue Service, were used. Although this database has national coverage, the contiguous data necessary for the application of spatial econometric models allowed us to cover the central-south region of the country. An exploratory spatial data analysis was performed, and the spatial Durbin econometric model was applied. Based on our results, there is a strong spatial dependence on land price, manifested both in the dependent variable, spatially lagged, and through the spillover effects of the independent variables. In addition, it was found that the degree of urbanization of a municipality, the municipal gross domestic product per capita, the average size of properties, the agricultural productivity, and the area dedicated to soybean planting in a rural property are also important determining factors in the pricing of agricultural land. Accordingly, it is possible to conclude that spatial effects influence the determination of agricultural land prices in Brazil
Agribusiness · Agricultural economics · Agricultural land · Agriculture · Econometric model · Econometrics · Economic growth · Economics · Geography · Gross domestic product · Land use · Per capita · Revenue · Spatial analysis · Spatial dependence · Spatial econometrics · Spillover effect · Statistics · Urbanization · Agricultural Economics and Policy · Rural Development and Agriculture · Spatial and Panel Data Analysis
Introduction to Spatial Econometrics
How to Interpret the Coefficients of Spatial Models
The SLX Model
Where Is the Economics in Spatial Econometrics?
Applied Spatial Econometrics
Os determinantes do preço das terras agrícolas na história do pensamento econômico
Valuation of ecosystem services from rural landscapes using agricultural land prices
Mass appraisal of farmland using classical econometrics and spatial modeling
Farmland prices and land-use changes in periurban protected natural areas
Analysis of factors influencing standard farmland values with regard to stronger interventions in the German farmland market
Testing for regional convergence of agricultural land prices
The effects of potential land development on agricultural land prices
O Comportamento do Preço da Terra Agrícola
Price movement in the Brazilian land market (1994-2010)
Determinantes dos preços de terras no Brasil
| Citation velocity | historical |
|---|---|
| Highly cited | No |