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2020-01Diskussionspapier DOI: 10.18452/21037
An experimental analysis of German farmers’ decisions to buy or rent farmland
dc.contributor.authorBuchholz, Matthias
dc.contributor.authorDanne, Michael
dc.contributor.authorMusshoff, Oliver
dc.date.accessioned2020-01-13T08:53:31Z
dc.date.available2020-01-13T08:53:31Z
dc.date.issued2020-01none
dc.identifier.urihttp://edoc.hu-berlin.de/18452/21782
dc.description.abstractFarmland is an essential agricultural production factor that farmers can choose to either buy or rent. In this paper, we apply a discrete choice experiment to analyse German farmers’ individual buying and rental decisions for farmland. Our results reveal that farmers have a higher willingness to buy than to rent farmland. Covariates such as farmers’ risk attitude affect the decisions in the discrete choice experiment while no effect was observable for individual expectations about future farmland prices. Direct payments considerably raise farmers’ willingness to buy and rent farmland. Farmers’ decisions deviate substantially from normative predictions from the present value model.eng
dc.language.isoengnone
dc.publisherHumboldt-Universität zu Berlin
dc.rights(CC BY-NC-ND 3.0 DE) Namensnennung - Nicht-kommerziell - Keine Bearbeitung 3.0 Deutschland
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/de/
dc.subjectAgricultural Land Marketeng
dc.subjectFarmlandeng
dc.subjectRent-or-Buy Decisioneng
dc.subjectDiscrete Choice Experimenteng
dc.subjectPresent Value Modeleng
dc.subject.ddc630 Landwirtschaft und verwandte Bereichenone
dc.titleAn experimental analysis of German farmers’ decisions to buy or rent farmlandnone
dc.typeworkingPaper
dc.identifier.urnurn:nbn:de:kobv:11-110-18452/21782-3
dc.identifier.doihttp://dx.doi.org/10.18452/21037
local.edoc.container-titleFORLand Working Papersnone
local.edoc.container-creatorMartin Odeningnone
local.edoc.pages21none
local.edoc.type-nameDiskussionspapier
local.edoc.institutionLebenswissenschaftliche Fakultätnone
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume18none
local.edoc.container-erstkatid2941991-8none

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