THE FARMLAND VALUATION REVISITED

Empirical research is scarce concerning the dynamics of farmland markets which inspire the decision to sell farmlands. This paper explores the real option to postpone the sale of land in farmland valuation. In this article, a real options approach is used to analyze farmland prices behavior using...

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Bibliographic Details
Main Author: Xin Li
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2016-04-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:http://www.foodandagriculturejournal.com/vol4.no2.pp11.pdf