气候变化领域集成服务门户(CCPortal): Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992-2019

CCPortal

DOI	10.1111/jors.12690
	Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992-2019
	Bruno, Emma; Castellano, Rosalia; Punzo, Gennaro; Salvati, Luca
发表日期	2024
ISSN	0022-4146
EISSN	1467-9787
英文摘要	The global economic and food crisis has increased the demand for land and rekindled the interest in farmland market investments worldwide. This study explores the Italian farmland market, investigating its main influencing factors from 1992 to 2019 using a spatial econometric framework. Traditional land characteristics and location-specific agricultural factors, as well as non-agricultural factors, are assessed. The average level of farmland prices and their growth are analyzed by modeling the potential types of spatial interactions, and the results are corroborated by considering different configurations of spatial weight matrices. The results show that farmland markets are influenced by land's current net returns as well as by its potential alternative uses. Therefore, factors considered external to the agricultural dimension, such as population pressure, climate change, and speculative expectations, increasingly shape farmland prices.
英文关键词	farmland value; land market; spillover effects; urbanization pressure
语种	英语
WOS研究方向	Business & Economics ; Environmental Sciences & Ecology ; Public Administration
WOS类目	Economics ; Environmental Studies ; Regional & Urban Planning
WOS记录号	WOS:001164074200001
来源期刊	JOURNAL OF REGIONAL SCIENCE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/292117
作者单位	Sapienza University Rome; Parthenope University Naples; Parthenope University Naples; Sapienza University Rome
推荐引用方式 GB/T 7714	Bruno, Emma,Castellano, Rosalia,Punzo, Gennaro,et al. Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992-2019[J],2024.
APA	Bruno, Emma,Castellano, Rosalia,Punzo, Gennaro,&Salvati, Luca.(2024).Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992-2019.JOURNAL OF REGIONAL SCIENCE.
MLA	Bruno, Emma,et al."Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992-2019".JOURNAL OF REGIONAL SCIENCE (2024).