Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-25T18:31:17.201Z Has data issue: false hasContentIssue false

Variability of New York's Agricultural Use Values and Its Implications for Policy

Published online by Cambridge University Press:  10 May 2017

Richard N. Boisvert
Affiliation:
Department of Agricultural Economics, Cornell University
Nelson L. Bills
Affiliation:
USDA-ERS-NRED stationed at Cornell University
Get access

Abstract

This paper compares two alternative estimates of agricultural use values in New York, one based on comparable sales information and the other on capitalized yearly income. Emphasis is placed on the variability of the values over the 1973–83 period and its implications for taxpayer equity and the financing of local governments.

Type
Articles
Copyright
Copyright © 1984 Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

The opinions expressed here are those of the authors and not necessarily those of USDA or Cornell University.

References

Barkley, P. W. and Boisvert, R. N. Farm Property Valuation in New York State. A.E. Ext. 80-5, Department of Agricultural Economics, Cornell University, March 1980.Google Scholar
Bohrnstedt, G. W. and Goldberger, A. S.On the Exact Covariance of Products of Random Variables.” Journal of the American Statistical Association 64 (1969):14391442.Google Scholar
Boisvert, R. N. and Bills, N. L.An Evaluation of Administrative Changes in New York's Farmland Use-Value Assessment Program,Journal of Soil and Water Conservation 39:1(1984a):5357.Google Scholar
Boisvert, R. N. and Bills, N. L.A Time-Series Analysis of Income Capitalization and Market Sales Procedure for Use-Value Assessment in New York,” A.E. Res. 84-11, Department of Agricultural Economics, Cornell University, July 1984b.Google Scholar
Boisvert, R. N., Bills, N. L. and Solomon, R.Evaluation of Farmland Use-Value Assessment in New York.” Journal of the Northeastern Agricultural Economics Council 9:1 (1980):1722.Google Scholar
Burt, O. R. and Finley, R. M.Statistical Analysis of Identities in Random Variables.” American Journal of Agricultural Economics 50:3 (1968).Google Scholar
Clifton, I. D. and Crowley, W.D. Jr. Farm Real Estate Historical Series Data:1850-1970, USDA-ERS, June 1973.Google Scholar
Dunne, J. F. and Boisvert, R. N.An Empirical Evaluation of Alternative Procedures for Determining Agricultural Use Values in New York.” A.E. Res. 82-10, Department of Agricultural Economics, Cornell University, March 1982.Google Scholar
Gardner, K. V. Agricultural Districts in New York State: Districts Created and Revised Through March 31, 1983. A.E. Ext. 83-17, Department of Agricultural Economics, Cornell University, May 1983.Google Scholar
Knoblauch, W. A. Preliminary Results—Cornell Land Rental Survey. Department of Agricultural Economics, Cornell University, No date.Google Scholar
Knoblauch, W. A. and Milligan, R. A. Economic Profiles for Corn, Hay and Pasture, A.E. Ext. 81-1, Department of Agricultural Economics, Cornell University, January 1981.Google Scholar
Locken, G. S., Bills, N. L. and Boisvert, R. N.Estimating Agricultural Use Values in New York State.” Land Economics 54 (1978):5063.Google Scholar
McCord, T. J. A Report on the Proposed 1979 Agricultural Ceiling Values. New York State Board of Equalization and Assessment, Albany, New York, 1978.Google Scholar
U.S. Department of Agriculture. Farm Real Estate Market Developments, Outlook & Situation, CD-88, USDA-ERS, August 1983.Google Scholar
U.S. Department of Agriculture. Farm Real Estate Market Developments, Outlook & Situation, CD-86, USDA-ERS, August 1981.Google Scholar
U.S. Department of Agriculture. Farm Real Estate Market Developments. CD-84, USDA-ESCS, August 1979.Google Scholar
U.S. Department of Agriculture. Farm Real Estate Market Developments. CD-80, USDA-ERS, July 1975.Google Scholar
U.S. Department of Commerce, Bureau of the Census. 1978 Census of Agriculture—New York, State ard County Data. Vol. 1, Part 32, Washington, D.C., April 1979.Google Scholar