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This article aims specific markets agricultural land prices determination and forecast using hedonic prices methodology. The absence of official or trustworthy information on land prices makes this very important in Brazil.
The aim of this study is to discuss and apply hedonic methodology for the determination and forecast of land prices in specific markets. This is important due to the fact that there is no official or reliable information in Brazil on current prices in land market transactions.
O tema do mercado de terras integra a agenda contemporânea das políticas agrárias, tanto no Brasil como em outros países.
In the last years the Brazilian agricultural frontier is expanding towards the cerrado region, more specifically the region called MATOPIBA, comprised of savannah areas of four different states located in the north and northeastern parts of the country.
From colonial to modern times, Brazilian agricultural property has remained immersed in a chaotic vortex of deregulation.
Brazil has the fifth-largest national land area in the world and this land resource represents a critical asset for the country’s urban, agricultural, and economic development, also providing essential environmental services.
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