Land Prices Heading Skyward? An Analysis for Farmland Values across TanzaniaDOWNLOAD FILE
July 2, 2017 - Author: Ayala Wineman and Thomas S. Jayne
Ayala Wineman and Thomas S. Jayne, 2017. Land Prices Heading Skyward? An Analysis for Farmland Values across Tanzania. Feed the Future Innovation Lab for Food Security Policy Research Paper 61. East Lansing: Michigan State University
Although studies of the determinants of farmland prices are common in developed country settings, such analyses are extremely scarce in Sub-Saharan Africa. This paper offers a comprehensive examination of land values across Tanzania. Land prices rose significantly between 2008/09 and 2012/13, presenting a potential obstacle to land access for poor and aspiring farmers. A hedonic analysis reveals that indicators of agricultural potential, local population density, and access to markets/urban centers are all statistically significant determinants of land values in Tanzania. The paper concludes with a discussion of promising directions for future research on land values in Sub-Saharan Africa.