Portal de Periódicos da CAPES

A hedonic price model of Argentinean land prices.

2001; Pontifical Catholic University of Chile; Volume: 28; Issue: 2 Linguagem: Espanhol

10.7764/rcia.v28i2.437

0718-3267

Guillermo Donoso, Guillermo Vázquez Vicente,

Land Rights and Reforms

This article characterized land prices of the Pampean Region of Argentina employed a hedonic price model in order to value soil erosion. The methodology employs a linear hedonic price model to explain the rental rates of agricultural land, extending the model in order to consider variables associated with the relationships between economic agents due to the presence of asymmetric information. The results indicated that the variables associated with the relationships between economic agents due to the presence of asymmetric information were statistically significant. The value of each centimetre of soil lost through the process of erosion, estimated with the restricted linear model, was $0.53·centimetre-1. Additionally, the value of soil labour was $8,7/labour. The results were consistent with those of other researchers and were important to value the erosion process in the Pampean Region of Argentina.El presente trabajo caracteriza el modelo de decision productivo del agricultor de la region “pampeana”, en la Republica Argentina, en relacion a la problematica de la erosion y su valoracion. Se aplico el metodo de precios hedonicos en el mercado de arriendo de tierras agricolas enfocandose el metodo hacia la tierra como un insumo de produccion y ampliandolo para considerar algunas variables de relacion entre los agentes del mercado. Se estimo un modelo de precios hedonicos lineal y los resultados indican que las variables de relacion entre los agentes del mercado fueron estadisticamente significativas. El modelo restringido lineal arrojo valores de arriendo de $198 por hectarea (pesos argentinos). Se estimaron valoraciones de $0,53/ cm. de suelo y de $8,7/labor. Los resultados son promisorios para valorar erosion o condiciones del suelo en la region pampeana de Argentina.