CONTRACT CHOICE SELECTION WITH LAND-LEASING AGREEMENTS
Resource information
Date of publication
December 2001
Resource Language
ISBN / Resource ID
AGRIS:US2012211630
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.