Farm-level investment analysis: what discount rate to use?

Maximilian Koppenberg and Alisa Spiegel

No 262167, 57th Annual Conference, Weihenstephan, Germany, September 13-15, 2017 from German Association of Agricultural Economists (GEWISOLA)

Abstract: A discount rate is based on different aspects and differs across regions, economic sectors, investment projects, and decision makers. The choice of a discount rate requires a fundamental analysis and argumentation, in order to avoid an under- or overestimation of investment projects. Having conducted a farm-level experiment in North-Rhine Westphalia (NRW, Germany), we estimated the current discount rates in German agriculture, as well as quantify the effects of different factors on discount rate.

Keywords: Agribusiness; Financial Economics; Institutional and Behavioral Economics (search for similar items in EconPapers)
Pages: 4
Date: 2017-08-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/262167/files/Koppenberg_194.pdf (application/pdf)
https://ageconsearch.umn.edu/record/262167/files/K ... 4.pdf?subformat=pdfa (application/pdf)

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:ags:gewi17:262167

DOI: 10.22004/ag.econ.262167

Access Statistics for this paper

More papers in 57th Annual Conference, Weihenstephan, Germany, September 13-15, 2017 from German Association of Agricultural Economists (GEWISOLA) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().