An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets

Entropy

Matthew J. Salois¹ 

[1] Department of Food Economics and Marketing, University of Reading, PO Box 237, Reading, Berkshire, RG6 6AR, UK; E-Mail:

关键词: information theory;    farmland markets;    farm income;   

DOI  :  10.3390/e13010038

来源: mdpi

【 摘 要 】

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.

【 授权许可】

CC BY   
© 2010 by the authors; licensee MDPI, Basel, Switzerland.