The capitalisation of Irish agriculture
Citation:Johnston, Joseph. 'The capitalisation of Irish agriculture'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XVI No. 5, 1941/1942, pp60-87
The value of a farm from a strictly agricultural point of view is a capitalisation of the income which a purchaser, whose principal occupation is farming, might hope to make in virtue of his ownership as such. In making his valuation the purchaser considers the farm as a whole? land, buildings, fences, situation, water supply, etc., as well as rates and annuity charges, and does not consciously assign a specific value, positive or negative, to each item. All the elements of value which analysis may distinguish are in fact inseparable parts of a common whole. Nevertheless for our purposes it is necessary to analyse and distinguish.
Publisher:Statistical and Social Inquiry Society of Ireland
Series/Report no:Journal of The Statistical and Social Inquiry Society of Ireland
Vol. XVI No. 5 1941/1942
Description:Read on Friday, 21th February, 1942