CONTRACT CHOICE SELECTION WITH LAND-LEASING AGREEMENTS

This study tests cropland contract hypotheses utilizing a landlord data set. Ordered probit and classical regression models are estimated and presented identifying factors that affect the contract type selection and terms. Results suggest credit constraints are a viable land-leasing hypothesis. Risk aversion, managerial ability, and social capital are also supported.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20644
Total Pages:
26
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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