An examination of the growth rates in farm asset values and returns in New Zealand between 1962 and 1987 reveals that a significant divergence has developed between the two. The objective of this study was to examine the ...

This paper examines the effect of real net farm residual income, inflation, and the real interest rate on the movement of real farmland prices during 1970 to 1997 using a parsimonious error correction model. The empirical ...