CONTRACT CHOICE SELECTION WITH LAND-LEASING AGREEMENTS

Ronald L. Rainey, Bruce L. Dixon, Bruce Ahrendsen, Lucas D. Parsch and Ralph W. Bierlen

No 20644, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study tests cropland contract hypotheses utilizing a landlord data set. Ordered probit and classical regression models are estimated and presented identifying factors that affect the contract type selection and terms. Results suggest credit constraints are a viable land-leasing hypothesis. Risk aversion, managerial ability, and social capital are also supported.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Pages: 26
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20644

DOI: 10.22004/ag.econ.20644

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