Now showing items 1-2 of 2
Determination of farmland values in New Zealand : the significance of financial leverage
(Lincoln University. Agribusiness and Economics Research Unit, 1991-04)
An examination of the growth rates in farm asset values and returns in New Zealand between 1962 and 1987 reveals that a significant divergence has developed between the two. The objective of this study was to examine the ...
Determinants of farmland prices in a dynamic error correction form : a New Zealand case
(Lincoln University. Farm and Horticultural Management Group, 1999-07)
This paper examines the effect of real net farm residual income, inflation, and the real interest rate on the movement of real farmland prices during 1970 to 1997 using a parsimonious error correction model. The empirical ...