Land for food cultivation: is price a barrier to expansion?

With increasing development speculation involving farmland, total area devoted to food cultivation continues to fall, or is expected to be sold at a higher price per hectare than before. This paper compares price of land cultivated with paddy relative to other crops and proceeds to examine some uniq...

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Main Author:	Khalid, Haniza
Format:	Conference or Workshop Item
Language:	English English
Published:	2011
Subjects:	HD101 Land use HD1401 Agriculture HD72 Economic growth, development, planning
Online Access:	http://irep.iium.edu.my/3538/ http://irep.iium.edu.my/3538/ http://irep.iium.edu.my/3538/1/Khalid%2C_Haniza.pdf http://irep.iium.edu.my/3538/4/Haniza_poster.pdf

id	iium-3538
recordtype	eprints
spelling	iium-35382012-02-11T02:15:10Z http://irep.iium.edu.my/3538/ Land for food cultivation: is price a barrier to expansion? Khalid, Haniza HD101 Land use HD1401 Agriculture HD72 Economic growth, development, planning With increasing development speculation involving farmland, total area devoted to food cultivation continues to fall, or is expected to be sold at a higher price per hectare than before. This paper compares price of land cultivated with paddy relative to other crops and proceeds to examine some unique market and institutional features of the paddy land market. A hedonic price function is estimated using land sales data (n=2222) of five types of farmland namely paddy, rubber, vacant and oil palm covering four states in the Central West coast of Peninsular Malaysia in a period of 7 years. Results show that the marginal values of land attributes included in the model (road frontage, proximity to urban centres, population growth rates, land restrictions and year of sale) vary considerably across the different categories. Mean predicted paddy land price is the lowest. The relatively cheap price and various forms of government suppost does not appear to promote expansion of paddy hectarage. Paddy farming continues to be plagued by problems related to low profit margins (low levels of re-investment), inefficient organisation of farmers and uneconomic land holdings. 2011-08-10 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/3538/1/Khalid%2C_Haniza.pdf application/pdf en http://irep.iium.edu.my/3538/4/Haniza_poster.pdf Khalid, Haniza (2011) Land for food cultivation: is price a barrier to expansion? In: Conference on Asian Food Security (ICAFS) 'Feeding Asia in the 21st Century: Building Urban-Rural Alliances', 10 - 12 August 2011, Singapore. (Unpublished) http://www.rsis.edu.sg/nts/article.asp?id=163
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HD101 Land use HD1401 Agriculture HD72 Economic growth, development, planning
spellingShingle	HD101 Land use HD1401 Agriculture HD72 Economic growth, development, planning Khalid, Haniza Land for food cultivation: is price a barrier to expansion?
description	With increasing development speculation involving farmland, total area devoted to food cultivation continues to fall, or is expected to be sold at a higher price per hectare than before. This paper compares price of land cultivated with paddy relative to other crops and proceeds to examine some unique market and institutional features of the paddy land market. A hedonic price function is estimated using land sales data (n=2222) of five types of farmland namely paddy, rubber, vacant and oil palm covering four states in the Central West coast of Peninsular Malaysia in a period of 7 years. Results show that the marginal values of land attributes included in the model (road frontage, proximity to urban centres, population growth rates, land restrictions and year of sale) vary considerably across the different categories. Mean predicted paddy land price is the lowest. The relatively cheap price and various forms of government suppost does not appear to promote expansion of paddy hectarage. Paddy farming continues to be plagued by problems related to low profit margins (low levels of re-investment), inefficient organisation of farmers and uneconomic land holdings.
format	Conference or Workshop Item
author	Khalid, Haniza
author_facet	Khalid, Haniza
author_sort	Khalid, Haniza
title	Land for food cultivation: is price a barrier to expansion?
title_short	Land for food cultivation: is price a barrier to expansion?
title_full	Land for food cultivation: is price a barrier to expansion?
title_fullStr	Land for food cultivation: is price a barrier to expansion?
title_full_unstemmed	Land for food cultivation: is price a barrier to expansion?
title_sort	land for food cultivation: is price a barrier to expansion?
publishDate	2011
url	http://irep.iium.edu.my/3538/ http://irep.iium.edu.my/3538/ http://irep.iium.edu.my/3538/1/Khalid%2C_Haniza.pdf http://irep.iium.edu.my/3538/4/Haniza_poster.pdf
first_indexed	2023-09-18T20:11:24Z
last_indexed	2023-09-18T20:11:24Z
_version_	1777407501711441920

Land for food cultivation: is price a barrier to expansion?

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