Influence of physical attributes on the price of land: the case of the Province of Talca, Chile

This study aims at estimating the percent impact on the price of farmland of the following physical attributes: size, soil quality, water rights, connectivity and location. To this effect, all the farm sales occurred in the province of Talca between 2003 and 2006 were examined, directly from the cor...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Troncoso,Javier L, Aguirre,Medardo, Manriquez,Paula, Labarra,Varinia, Ormazábal,Yony
Lenguaje:	English
Publicado:	Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal 2010
Materias:	Hedonic price functions marginal price percent impact on price
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202010000300009
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:scielo:S0718-16202010000300009
record_format	dspace
spelling	oai:scielo:S0718-162020100003000092011-02-03Influence of physical attributes on the price of land: the case of the Province of Talca, ChileTroncoso,Javier LAguirre,MedardoManriquez,PaulaLabarra,VariniaOrmazábal,Yony Hedonic price functions marginal price percent impact on price This study aims at estimating the percent impact on the price of farmland of the following physical attributes: size, soil quality, water rights, connectivity and location. To this effect, all the farm sales occurred in the province of Talca between 2003 and 2006 were examined, directly from the corresponding title deeds, at the Conservador de Bienes Raíces (Property Register) of Talca, obtaining thus a total of 92 observations. Subsequently, a linear function was estimated, with price per hectare as the dependent variable and the physical attributes listed above, as explanatory variables. Analysis showed that the most influential variable is location (Le. county) and in a very minor degree, connectivity (Le. distance to the nearest paved road), water rights, soil quality and size. Talca is the preferred county, as location in other counties has negative impacts on price. Size and connectivity have negative impacts, while water rights and soil quality have positive impacts on price.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería ForestalCiencia e investigación agraria v.37 n.3 20102010-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202010000300009en10.4067/S0718-16202010000300009
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Hedonic price functions marginal price percent impact on price
spellingShingle	Hedonic price functions marginal price percent impact on price Troncoso,Javier L Aguirre,Medardo Manriquez,Paula Labarra,Varinia Ormazábal,Yony Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
description	This study aims at estimating the percent impact on the price of farmland of the following physical attributes: size, soil quality, water rights, connectivity and location. To this effect, all the farm sales occurred in the province of Talca between 2003 and 2006 were examined, directly from the corresponding title deeds, at the Conservador de Bienes Raíces (Property Register) of Talca, obtaining thus a total of 92 observations. Subsequently, a linear function was estimated, with price per hectare as the dependent variable and the physical attributes listed above, as explanatory variables. Analysis showed that the most influential variable is location (Le. county) and in a very minor degree, connectivity (Le. distance to the nearest paved road), water rights, soil quality and size. Talca is the preferred county, as location in other counties has negative impacts on price. Size and connectivity have negative impacts, while water rights and soil quality have positive impacts on price.
author	Troncoso,Javier L Aguirre,Medardo Manriquez,Paula Labarra,Varinia Ormazábal,Yony
author_facet	Troncoso,Javier L Aguirre,Medardo Manriquez,Paula Labarra,Varinia Ormazábal,Yony
author_sort	Troncoso,Javier L
title	Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
title_short	Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
title_full	Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
title_fullStr	Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
title_full_unstemmed	Influence of physical attributes on the price of land: the case of the Province of Talca, Chile
title_sort	influence of physical attributes on the price of land: the case of the province of talca, chile
publisher	Pontificia Universidad Católica de Chile. Facultad de Agronomía e Ingeniería Forestal
publishDate	2010
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202010000300009
work_keys_str_mv	AT troncosojavierl influenceofphysicalattributesonthepriceoflandthecaseoftheprovinceoftalcachile AT aguirremedardo influenceofphysicalattributesonthepriceoflandthecaseoftheprovinceoftalcachile AT manriquezpaula influenceofphysicalattributesonthepriceoflandthecaseoftheprovinceoftalcachile AT labarravarinia influenceofphysicalattributesonthepriceoflandthecaseoftheprovinceoftalcachile AT ormazabalyony influenceofphysicalattributesonthepriceoflandthecaseoftheprovinceoftalcachile
_version_	1714202127356657664

Influence of physical attributes on the price of land: the case of the Province of Talca, Chile

Ejemplares similares