Agricultural Productive and Consumptive Use Components of Rural Land Values in Texas
利用德克萨斯州的横截面土地价值数据和回归分析，评估影响农村土地价值的因素，发现人口密度、与大城市距离、鹿狩猎质量和景观差异解释了大部分价值差异，平均仅22%的市场价值可由生产性价值解释。
Abstract Consumptive demand applies significant upward pressure on rural land values and plays an important role in determining farm and ranch structure in Texas. Using cross‐sectional land value data and regression analysis, various factors that affect rural land values in Texas are evaluated. Population density, proximity to major metropolitan centers, quality of deer hunting, and aesthetic differences across the state explain the majority of the differences in rural land values. On the average, only about 22 percent of the total market value of rural land in Texas can be statistically explained by its productive value.