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Conventional Capital Budgeting Versus Stochastic Dynamic Analysis Of Optimal Farmland Purchase And Sell Decisions

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  • Schnitkey, Gary D.
  • Taylor, C. Robert

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  • Schnitkey, Gary D. & Taylor, C. Robert, 1987. "Conventional Capital Budgeting Versus Stochastic Dynamic Analysis Of Optimal Farmland Purchase And Sell Decisions," Illinois Agricultural Economics Staff Paper 244662, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    • Handle: RePEc:ags:illusp:244662
    DOI: 10.22004/ag.econ.244662
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    References listed on IDEAS

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    2. Arlo J. Minden, 1968. "Dynamic Programming: A Tool For Farm Firm Growth Research," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 16(2), pages 38-45, July.
    3. Jean-Marc Boussard & Michel Petit, 1967. "Representation of Farmers' Behavior under Uncertainty with a Focus-Loss Constraint," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(4), pages 869-880.
    4. Sargan, J D & Bhargava, Alok, 1983. "Maximum Likelihood Estimation of Regression Models with First Order Moving Average Errors When the Root Lies on the Unit Circle," Econometrica, Econometric Society, vol. 51(3), pages 799-820, May.
    5. C. Robert Taylor, 1986. "Risk Aversion versus Expected Profit Maximization with a Progressive Income Tax," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 137-143.
    6. Gallagher, Paul & Green, Robert C., 1984. "A Cropland Use Model: Theory And Suggestions For Estimating Planted Acreage Response," Staff Reports 277586, United States Department of Agriculture, Economic Research Service.
    7. Emanuel Melichar, 1984. "A financial perspective on agriculture," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jan, pages 1-13.
    8. Oscar R. Burt, 1986. "Econometric Modeling of the Capitalization Formula for Farmland Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 10-26.
    9. Gallagher, Paul W. & Green, Robert C., 1984. "A Cropland Use Model," Staff General Research Papers Archive 10764, Iowa State University, Department of Economics.
    10. Tim T. Phipps, 1984. "Land Prices and Farm-Based Returns," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 422-429.
    11. Peter J. Barry, 1972. "Asset Indivisibility and Investment Planning: An Application of Linear Programming," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 255-259.
    12. Johnson, Donald A. & Boehlje, Michael, 1983. "Managing Risk By Coordinating Investment, Marketing, And Production Strategies," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(2), pages 1-15, December.
    13. Lee, Warren F. & Rask, Norman, 1976. "Inflation And Crop Profitability: How Much Can Farmers Pay For Land?," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283820, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Dean W. Hughes & James W. Richardson & M. Edward Rister, 1985. "Effects of Sustained Financial Stress on the Financial Structure and Performance of the Farm Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(5), pages 1116-1122.
    15. Arthur Lerner, 1976. "Buying VS. Renting Farm Land," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 24(3), pages 35-39, November.
    16. Duane G. Harris & Richard F. Nehring, 1976. "Impact of Farm Size on the Bidding Potential for Agricultural Land," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 161-169.
    17. Warren F. Lee & Norman Rask, 1976. "Inflation and Crop Profitability: How Much Can Farmers Pay for Land?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(5), pages 984-990.
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    Keywords

    Farm Management; Land Economics/Use;

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