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Pricing Derivatives in the Agricultural Land Market

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  • Kionka, Marlene
  • Brunckhorst, Henning
  • Kuethe, Todd H.
  • Odening, Martin

Abstract

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Suggested Citation

  • Kionka, Marlene & Brunckhorst, Henning & Kuethe, Todd H. & Odening, Martin, 2023. "Pricing Derivatives in the Agricultural Land Market," 2023 Annual Meeting, July 23-25, Washington D.C. 335626, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea23:335626
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    File URL: https://ageconsearch.umn.edu/record/335626/files/25905.pdf
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    References listed on IDEAS

    as
    1. Ritter, Matthias & Hüttel, Silke & Odening, Martin & Seifert, Stefan, 2020. "Revisiting the relationship between land price and parcel size in agriculture," Land Use Policy, Elsevier, vol. 97(C).
    2. Frank J. Fabozzi & Robert J. Shiller & Radu S. Tunaru, 2012. "A Pricing Framework for Real Estate Derivatives," European Financial Management, European Financial Management Association, vol. 18(5), pages 762-789, November.
    3. Melanie Cao & Jason Wei, 2010. "Valuation of housing index derivatives," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 30(7), pages 660-688, July.
    4. Cannon, Susanne & Col, Rebel A., 2011. "How accurate are commercial-real-estate appraisals? evidence from 25 years of NCREIF sales data," MPRA Paper 32589, University Library of Munich, Germany.
    5. Helbing, Georg & Shen, Zhiwei & Odening, Martin & Ritter, Matthias, . "Estimating Location Values of Agricultural Land," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 66(3).
    6. repec:hum:wpaper:sfb649dp2017-002 is not listed on IDEAS
    7. Barry Falk & Bong-Soo Lee, 1998. "Fads versus Fundamentals in Farmland Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(4), pages 696-707.
    8. Allen M. Featherstone & Barry K. Goodwin, 1993. "Factors Influencing a Farmer's Decision to Invest in Long-Term Conservation Improvements," Land Economics, University of Wisconsin Press, vol. 69(1), pages 67-81.
    9. Falk, Barry L. & Lee, Bong-Soo, 1998. "Fads Versus Fundamentals in Farmland Prices," Staff General Research Papers Archive 1306, Iowa State University, Department of Economics.
    10. Brett Olsen & Jeffrey Stokes, 2015. "Is Farm Real Estate The Next Bubble?," The Journal of Real Estate Finance and Economics, Springer, vol. 50(3), pages 355-376, April.
    11. Case, Karl E & Shiller, Robert J, 1989. "The Efficiency of the Market for Single-Family Homes," American Economic Review, American Economic Association, vol. 79(1), pages 125-137, March.
    12. Haixiao Huang & Gay Y. Miller & Bruce J. Sherrick & Miguel I. Gómez, 2006. "Factors Influencing Illinois Farmland Values," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(2), pages 458-470.
    13. Fisher, Jeffrey D & Geltner, David M & Webb, R Brian, 1994. "Value Indices of Commercial Real Estate: A Comparison of Index Construction Methods," The Journal of Real Estate Finance and Economics, Springer, vol. 9(2), pages 137-164, September.
    14. Tunaru, Radu S., 2017. "Real-Estate Derivatives: From Econometrics to Financial Engineering," OUP Catalogue, Oxford University Press, number 9780198742920.
    15. Lucas, Robert E, Jr, 1978. "Asset Prices in an Exchange Economy," Econometrica, Econometric Society, vol. 46(6), pages 1429-1445, November.
    16. Leah J. Tsoodle & Bill B. Golden & Allen M. Featherstone, 2006. "Factors Influencing Kansas Agricultural Farm Land Values," Land Economics, University of Wisconsin Press, vol. 82(1), pages 124-139.
    17. Bruce J. Sherrick & Mindy L. Mallory & Timothy Hopper, 2013. "What's the ticker symbol for farmland?," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 73(1), pages 6-31, May.
    18. Susanne, Cannon & Rebel, Cole, 2011. "How Accurate Are Commercial Real Estate Appraisals? Evidence from 25 Years of NCREIF Sales Data," MPRA Paper 52621, University Library of Munich, Germany, revised 25 May 2011.
    19. Shiller, Robert J & Weiss, Allan N, 1999. "Home Equity Insurance," The Journal of Real Estate Finance and Economics, Springer, vol. 19(1), pages 21-47, July.
    20. Bruce J. Sherrick & Mindy L. Mallory & Timothy Hopper, 2013. "What's the ticker symbol for farmland?," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 73(1), pages 6-31, May.
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