In article , Torsten Brinch
writes
On Thu, 26 Dec 2002 12:56:07 +0000, Tim Lamb
wrote:

In article , Torsten Brinch
writes
In the UK, there
actually has been conspicuously large increases in land value, and
conspicuously highly correlated, in almost perfect tune with the
McSharry reform.

Hmm.. again, these figures from John Nix (2002) bare land and over 2ha,

'87,£3955; '88, £5040; '89, £5620; '90, £7885; '91, £4800; '92, £3970;

'93, £4320; '94, £4940; '95, £5960; '96, £6780; '97, £7520; '98, £5905;

'99, £6240; '00, £6575;

I am not sure that the peak during '96/97 should be blamed on CAP re-
structuring.

You mean, the correlation is coincidental?

there may have been other factors at work. And no, I do not know what.

What caused the '90 one?

Transcription or printing error, possibly. (It is obviously an outlier
in the data set, and is not corroborated by any other data set I've
seen.)

No! It is there on the other sets of data as well, although the peak is
1989.

regards
--
Tim Lamb