{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/45361"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/45361","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Determinants of Illinois farmland prices","abstract":"This study examines the determinants of Illinois farmland prices. Hedonic models are utilized to represent and analyze the defining characteristics of Illinois farmland. Models are applied to Illinois Department of Revenue farmland transfer data from 1979 to 2010. Particular attention is given to farmland prices from 2000 to 2010. Results show that urban influence was an exceptionally important determinant of county-level farmland prices during the early 2000s. Soil productivity was also a major driver of farmland price variation. Parcel-level regressions confirm these insights. This study’s findings agree with anecdotal and empirical evidence from the Illinois farmland market in recent years.","abstract_html":"This study examines the determinants of Illinois farmland prices. Hedonic models are utilized to represent and analyze the defining characteristics of Illinois farmland. Models are applied to Illinois Department of Revenue farmland transfer data from 1979 to 2010. Particular attention is given to farmland prices from 2000 to 2010. Results show that urban influence was an exceptionally important determinant of county-level farmland prices during the early 2000s. Soil productivity was also a major driver of farmland price variation. Parcel-level regressions confirm these insights. This study’s findings agree with anecdotal and empirical evidence from the Illinois farmland market in recent years.","abstract_has_math":false,"creators":["Hanson, Erik"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"M.S.","degree_level":"Thesis","degree_discipline":"Agricultural & Applied Econ","degree_department":null,"school":null,"contributors":["Sherrick, Bruce J."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2013,"date_issued":"2013-08-22T16:37:50Z","date_published":"2013-08-22T16:37:50Z","updated_at":"2026-07-22T22:25:34Z","subjects":["Farmland prices","farmland values","Illinois farmland","hedonic model"],"languages":["en"],"rights":["Copyright 2013 Erik Hanson"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/45361","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Sherrick, Bruce J."]},{"key":"dc:creator","label":"Author","values":["Hanson, Erik"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2013-08-22T16:37:50Z","2013-08"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Agricultural & Applied Econ"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Farmland prices","farmland values","Illinois farmland","hedonic model"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2013 Erik Hanson"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/45361"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["This study examines the determinants of Illinois farmland prices. Hedonic models are utilized to represent and analyze the defining characteristics of Illinois farmland. Models are applied to Illinois Department of Revenue farmland transfer data from 1979 to 2010. Particular attention is given to farmland prices from 2000 to 2010. Results show that urban influence was an exceptionally important determinant of county-level farmland prices during the early 2000s. Soil productivity was also a major driver of farmland price variation. Parcel-level regressions confirm these insights. This study’s findings agree with anecdotal and empirical evidence from the Illinois farmland market in recent years.","Item withdrawn by Mark Zulauf (zulauf@illinois.edu) on 2013-07-15T13:02:35Z Item was in collections: University of Illinois Theses & Dissertations (ID: 1) No. of bitstreams: 1 Hanson_Erik.pdf: 3553033 bytes, checksum: a57e927946f5120d5d9ce195b6a8a7ac (MD5)","Made available in DSpace on 2013-08-22T16:37:50Z (GMT). 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