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Entropy 2011, 13(1), 38-52;

An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets

Department of Food Economics and Marketing, University of Reading, PO Box 237, Reading, Berkshire, RG6 6AR, UK
Food and Resource Economics Department, University of Florida, 1155 McCarty Hall, Gainesville, FL 32611, USA
Author to whom correspondence should be addressed.
Received: 9 November 2010 / Revised: 17 December 2010 / Accepted: 22 December 2010 / Published: 24 December 2010
(This article belongs to the Special Issue Advances in Statistical Mechanics)
View Full-Text   |   Download PDF [158 KB, uploaded 24 February 2015]


The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values over time. View Full-Text
Keywords: information theory; farmland markets; farm income information theory; farmland markets; farm income
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).

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Salois, M.J.; Moss, C.B. An Information Approach to the Dynamics in Farm Income: Implications for Farmland Markets. Entropy 2011, 13, 38-52.

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