Farm real estate pricing under risk: an empirical investigation
Extract: The purpose of this paper is to explore farm real estate price determination in the context of capital market theory to determine the relationship between the farm real estate market and the market for common stock. The approach should also demonstrate the importance of risk in explaining f...
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| Veröffentlicht in: | Southern economic journal 1982-07, Vol.49 (1), p.77-87 |
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| container_end_page | 87 |
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| container_issue | 1 |
| container_start_page | 77 |
| container_title | Southern economic journal |
| container_volume | 49 |
| creator | White, F.C Ziemer, R.F |
| description | Extract: The purpose of this paper is to explore farm real estate price determination in the context of capital market theory to determine the relationship between the farm real estate market and the market for common stock. The approach should also demonstrate the importance of risk in explaining farm real estate prices. We must address two basic issues, namely, (1) what is the appropriate measure of an asset's risk?, and (2) what is the relationship in equilibrium between this measure of risk and (a) expected returns and (b) asset prices? |
| doi_str_mv | 10.2307/1058543 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0038-4038 |
| ispartof | Southern economic journal, 1982-07, Vol.49 (1), p.77-87 |
| issn | 0038-4038 2325-8012 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_60821698 |
| source | Worldwide Political Science Abstracts; Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
| subjects | Agricultural economics AGRICULTURE (INCLUDING HUNTING AND GATHERING) Capital markets Covariance Economic models Economic theory Farms Financial investments Financial portfolios Investment return rates Investment risk Investors Market prices Prices Pricing Real estate Real estate markets Risk State court decisions Statistical variance TECHNOLOGICAL DEVELOPMENT |
| title | Farm real estate pricing under risk: an empirical investigation |
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