A salad bowl, salt and not a drop to drink: recipe for disaster? Three essays on the economic value of agricultural land in a changing environment
This dissertation contains three core chapters which share a common theme of natural resource management in Australia and a common analytical technique of Ricardian hedonic price theory applied to agricultural land values. Chapter 1: This chapter presents a Ricardian analysis of the impact of projected climate change on Australian broadacre agricultural land values. Using several years of farmlevel sales data, we estimate the value of agricultural land as a function of climate attributes....[Show more]
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