MODELING AND ESTIMATION OF THE VALUE OF AGRICULTURAL LAND IN THE BENIN COTTON ZONES: DEBATE AND PERSPECTIVE

Abstract

Abstrat: The objective assigned to this article is to highlight the determinants of the price of agricultural land in the Benin cotton zone. Thus an econometric analysis of 110 agricultural villages was made. The field survey took into account 110 villages in total on the basis of a random-choice sampling of which 105 or 95.45% are rural villages with agricultural income of the commune against 4.55% urban city districts low income farm. The results show that the determinants of the price of agricultural land are: the soil fertility indicator (IFA), the land availability represented by the ratio of cultivated land / total area (CTR), the growth rate of population (TCP) and village location vs. city (LTV), sales market (MV), type of sale (TV) are the determinants of the value of agricultural land in the study area by order of decreasing importance, land availability, population growth rate, soil fertility index, and village location.

Keywords

• agricultural annuities - land value - cotton zones - rural foragers