Estimating the Market Value of Agricultural Land in Kansas Using a Combination of Hedonic and Negative Exponential Techniques

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dc.creatorTsoodle, Leah J.
dc.creatorFeatherstone, Allen M.
dc.creatorGolden, Bill B.
dc.date2017-04-01T15:36:18Z
dc.date.accessioned2026-07-09T06:28:48Z
dc.descriptionGiven the importance of land valuation to the various stakeholders, the objective of this research is to develop a theoretically sound model that robustly estimates the market value of land in Kansas, accounting for urban influence. The market value of land is estimated using a hedonic model that includes factors related to urban sprawl. A semi-log hedonic model that combined site-specific characteristics with negative exponential distance functions was estimated. Results indicated that the upward, urban pressure on price is greater for Kansas City relative to Wichita. Kansas City had a much slower rate of decay than either Wichita or cities with a population of more than 10,000.
dc.identifierdoi:10.22004/ag.econ.132763
dc.identifierhttps://ageconsearch.umn.edu/record/132763/files/Tsoodle2005.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/132763
dc.identifier.urihttp://hdl.handle.net/123456789/577085
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/132763
dc.titleEstimating the Market Value of Agricultural Land in Kansas Using a Combination of Hedonic and Negative Exponential Techniques
dc.typeText

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