El Niño/Southern Oscillation Effects on Farmland Values in the United States

Document Type

Presentation

Journal/Book Title/Conference

El Niño/Southern Oscillation Effects on Farmland Values in the United States

Publication Date

1999

Abstract

This paper evaluates the impact of the El Nino/Southern Oscillation (ENSO) on U.S. farmland values. Fourier series analysis decomposes climatological variation into ENSO and non-ENSO components. Farmland values, regressed against ENSO variation and other variables, are negatively affected by ENSO related weather variability in about 90% of U.S. climatological regions.

Comments

Presentation at the Annual Meeting of the American Agricultural Economics Association, Nashville, TN

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