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Impacts of Lease and Tenure Arrangements on Landlords and Farm Operators

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  • Novak, Frank S.
  • Hornbaker, Robert H.

Abstract

Least squares analysis of variance is applied to cross-sectional and time-series farm data to provide insight on the impacts of different lease and tenure arrangements on earnings of operators and landlords. Tenure and lease arrangements significantly affected gross farm returns and margins of operators. Lease arrangements were significant for landlord margins in the late 1970's.

Suggested Citation

  • Novak, Frank S. & Hornbaker, Robert H., 1987. "Impacts of Lease and Tenure Arrangements on Landlords and Farm Operators," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 270134, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea87:270134
    DOI: 10.22004/ag.econ.270134
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    References listed on IDEAS

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    1. J. G. Sutinen, 1975. "The Rational Choice of Share Leasing and Implications for Efficiency," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 613-621.
    2. Avishay Braverman & Joseph E. Stiglitz, 1986. "Cost-Sharing Arrangements under Sharecropping: Moral Hazard, Incentive Flexibility, and Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 642-652.
    3. John R. Fiske & Marvin T. Batte & Warren F. Lee, 1986. "Nonfarm Equity in Agriculture: Past, Present, and Future," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(5), pages 1319-1323.
    4. Robert A. Collins & H. Joseph Bourn, 1986. "Market Requirements and Pricing for External Equity Shares in Farm Businesses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(5), pages 1330-1336.
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