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The distribution of the rent–price relationship of agricultural land in Germany

Schaak, Henning and Musshoff, Oliver (2022). The distribution of the rent–price relationship of agricultural land in Germany. European Review of Agricultural Economics. 49 :3 , 696-718
[Research article]

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Abstract

This paper studies the profitability of investments in agricultural land, using the rent-price ratio (RPR) as a profitability measure. In order to allow for district-level heterogeneity, the full conditional distribution of the RPR is modelled using a generalised additive model for location, shape and scale. The analysis is based on data from Lower Saxony, Germany. The profitability of investments in land varies between and within districts. The variation can be explained by differences in the farming structure, the production programme and economic indicators. Further, differences in the distribution of the RPR between arable land and grassland are found.

Authors/Creators:Schaak, Henning and Musshoff, Oliver
Title:The distribution of the rent–price relationship of agricultural land in Germany
Series Name/Journal:European Review of Agricultural Economics
Year of publishing :2022
Volume:49
Number:3
Page range:696-718
Number of Pages:23
Publisher:OXFORD UNIV PRESS
ISSN:0165-1587
Language:English
Publication Type:Research article
Article category:Scientific peer reviewed
Version:Published version
Copyright:Creative Commons: Attribution 4.0
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
Keywords:agricultural land market, GAMLSS, heterogeneity, spatial statistics
URN:NBN:urn:nbn:se:slu:epsilon-p-117105
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-p-117105
Additional ID:
Type of IDID
DOI10.1093/erae/jbab052
Web of Science (WoS)000790170500001
ID Code:28468
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:18 Aug 2022 13:25
Metadata Last Modified:18 Aug 2022 13:31

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