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Keywords: Asset valuation
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Journal Articles
The impact of down‐zoning on land values: A theoretical approach
Available to Purchase
Journal:
Agricultural Finance Review
Agricultural Finance Review (2009) 69 (2): 206–227.
Published: 31 July 2009
.../approach The mathematical model of land value is based on principles of asset valuation under uncertainty at various locations within a metropolitan area. The price of an acre of land is modeled as the present value of a stream of indirect utility to homeowners, and economic rents to farmers, developers...
