The objective of this study was to determine what impact, if any, interest rate subsidies have on the price of farmland in Canada. The basic capitalization model is used as a starting point for the development of several models. These econometric models are then estimated, using data from four provinces: Quebec, New Brunswick, Manitoba and Saskatchewan. The time period studied is 1972 to 1991. The findings indicate that interest subsidies do in fact affect land values, however the effect is relatively small. There are large differences between provinces in terms of subsidy amount and consequently in terms of the effect of the subsidy programs on the value of land in each province.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.26182 |
| Date | January 1994 |
| Creators | Williams, Sarah J. (Sarah Jane) |
| Contributors | Gunjal, Kisan (advisor) |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Master of Science (Department of Agricultural Economics.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 001397487, proquestno: MM94544, Theses scanned by UMI/ProQuest. |
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