A TRANSACTION COST ECONOMICS AND PROPERTY RIGHTS THEORY APPROACH TO FARMLAND LEASE PREFERENCES

Leeann E. Moss, Peter J. Barry, Gary Schnitkey () and Randall Westgren

No 20537, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Numerous theoretical approaches to farmland leasing contract choice have been developed with little consistent empirical support, particularly for the Corn Belt. A unique theoretical approach to explaining farmers' lease preferences is presented, using a combination of transaction cost economics and property rights theory. Results demonstrate that both transactional and certain producer characteristics are important motivators of contract choice.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 29
Date: 2001
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Citations: View citations in EconPapers (3)

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Working Paper: A TRANSATION COST ECONOMICS AND PROPERTY RIGHTS THEORY APPROACH TO FARMLAND LEASE PREFERENCES (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20537

DOI: 10.22004/ag.econ.20537

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