Price movement in the Brazilian land market (1994-2010): an analysis in the light of post-Keynesian theory | Land Portal
Governança de Terras

Informations sur la ressource

Date of publication: 
janvier 2016
Resource Language: 
ISBN / Resource ID: 
1809-4538
Pages: 
21
License of the resource: 
The present study aims to evaluate crop, pasture and forest land prices in Brazil, between 1994 and 2010, in the light of Post-Keynesian theory. The results provide evidence that land, more than just a simple factor of production, must be conceived of as an economic asset. In fact, the price of rural land is determined not only by the expected profitability deriving from agricultural activities but also by the agents’ expectations about its future appreciation and liquidity in an economic environment permeated with uncertainty. In this context, as an object of speculation, land has been particularly important as a store of value.

Auteurs et éditeurs

Author(s), editor(s), contributor(s): 

Tiago Santos Telles, Alex Wilhans Antonio Palludeto, Bastiaan Philip Reydon

Corporate Author(s): 
GT
Com o objetivo de proporcionar o debate e a troca de experiência em relação às questões de terra no Brasil e no mundo, o Grupo de Governança de Terras do IE/Unicamp, promove pesquisas, estudos e assessorias no tema, bem como um evento anual sob o mesmo escopo. O Seminário Internacional de Governança de Terras e Desenvolvimento Econômico, em suas diferentes edições, têm proporcionado um espaço plural de discussão, reunindo os principais atores e instituições envolvidos com o tema, promovido importantes debates e discussões sobre tópicos relevantes no âmbito brasileiro e mundial.  
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