An information approach to the dynamics in farm income: implications for farmland markets
Salois, M. J. and Moss, C. (2011) An information approach to the dynamics in farm income: implications for farmland markets. Entropy, 13 (1). pp. 38-52. ISSN 1099-4300
To link to this article DOI: 10.3390/e13010038
The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values over time.