A. Pirani, A. Gaviglio, E. Demartini, M. Gelati, D. Cavicchioli
{"title":"A study on farmland rental values determinants. Potentialities of micro data with an application of hedonic prices method","authors":"A. Pirani, A. Gaviglio, E. Demartini, M. Gelati, D. Cavicchioli","doi":"10.13128/Aestimum-20452","DOIUrl":null,"url":null,"abstract":"The paper aims at isolating factors affecting farmland rents and estimating their effect using hedonic pricing model. Unlike the majority or similar analysis, based on Census aggregated data or surveys, we used a sample of microdata based on land rent contracts signed in the Province of Mantova over the period 2010-2014, matched with other territorial or census databases. We focused on the effect of farmland use on rent price, estimating their implicit values, i.e. the shadow prices. The research findings may help stakeholders and researchers interested in rental market dynamics, in particular at local level. Empirically grounded and transparent information on rental market may provide a new tool for contract negotiation among owners and tenants, improving, at the same time, farmers’ choices.","PeriodicalId":53999,"journal":{"name":"Aestimum","volume":"47 1","pages":"131-151"},"PeriodicalIF":0.8000,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.13128/Aestimum-20452","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Aestimum","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.13128/Aestimum-20452","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
The paper aims at isolating factors affecting farmland rents and estimating their effect using hedonic pricing model. Unlike the majority or similar analysis, based on Census aggregated data or surveys, we used a sample of microdata based on land rent contracts signed in the Province of Mantova over the period 2010-2014, matched with other territorial or census databases. We focused on the effect of farmland use on rent price, estimating their implicit values, i.e. the shadow prices. The research findings may help stakeholders and researchers interested in rental market dynamics, in particular at local level. Empirically grounded and transparent information on rental market may provide a new tool for contract negotiation among owners and tenants, improving, at the same time, farmers’ choices.
期刊介绍：
Aestimum is a peer-reviewed Journal dedicated to the methodological study of appraisal and land economics. Established in 1976 by the Italian Association of Appraisers and Land Economists, which was legally recognized by Ministerial Decree, March 1993. Topics of interests comprise rural, urban and environmental appraisal, evaluation of public investments and land use planning. All the areas under discussion are addressed to the International scene. The interdisciplinary approach is one of the mainstays of this editorial project and all of the above mentioned topics are developed taking into consideration the economic, legal and urban planning aspects. Aestimum is biannual Journal and publishes articles both in Italian and English. Articles submitted are subjected to a double blind peer review process.
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