The Impacts of the Tax-Deferred Exchange Provision on Farm Real Estate Values
研究了美国税法第1031条税收递延交换条款对农业用地价值的影响，发现通过同类资产交换获得的房产价格高出1.32%。
This study examines the effects of the Section 1031 tax-deferred exchange provision on agricultural land values. The provision allows taxpayers to defer taxation for relinquished productive assets if a like-kind asset is acquired within the allotted time of 180 days. The analysis examines a set of 3,580 farm real estate transaction from 55 agricultural counties in Indiana over the period 2003–2006. Hedonic price analysis suggests that properties acquired under a like-kind exchange are associated with a 1.32% price premium. <i></i>