CAPITAL ASSET PRICING AND AGRICULTURAL ASSETS IN ENGLAND AND WALES

Dehong Gu

Journal of Agricultural Economics, 1996, vol. 47, issue 1‐4, 99-108

Abstract: This paper uses Capital Asset Pricing Models to analyse the relationship between returns and risks for agricultural assets in England and Wales. The study also compares this relationship with those of non‐agricultural assets such as ordinary shares, government bonds, and commercial and industrial properties. The results show that the estimated market risks associated with agricultural assets are low and tenant‐type agricultural assets have earned much lower returns than other assets with similar market risks.

Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1477-9552.1996.tb00674.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jageco:v:47:y:1996:i:1-4:p:99-108

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0021-857X

Access Statistics for this article

Journal of Agricultural Economics is currently edited by David Harvey

More articles in Journal of Agricultural Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().