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THE INFLUENCE OF MARKET RETURNS AND GOVERNMENT PAYMENTS ON CANADIAN FARMLAND VALUES
Farmland Values Government Payments Market Returns
2014/4/11
This study estimates the impact of changes in market returns and government payments on farmland values across Canada using data from 1959 to 2009. A recursive simultaneous equation model...
Farmland values in Canada have increased significantly over the past 60 years and in particular since the mid-1980s (figure 1). Over the past 20 years agriculture has been characterized by productivit...