000201664 001__ 201664
000201664 005__ 20180123000459.0
000201664 0247_ $$2Other$$aPaper ID 6382
000201664 037__ $$a330-2016-13749
000201664 041__ $$aen_US
000201664 084__ $$aE43
000201664 084__ $$aD44
000201664 084__ $$aQ15
000201664 245__ $$aThe term structure of land lease rates
000201664 260__ $$c2015
000201664 269__ $$a2015
000201664 270__ $$mm.odening@agrar.hu-berlin.de$$pOdening,   Martin
000201664 270__ $$mmatthias.ritter@agrar.hu-berlin.de$$pRitter,   Matthias
000201664 270__ $$msilke.huettel@uni-rostock.de$$pHüttel,   Silke
000201664 300__ $$a22
000201664 336__ $$aConference Paper/ Presentation
000201664 520__ $$aThis paper applies the concept of a term structure to agricultural land rental prices. Based on theoretical considerations, we develop a hedonic pricing model that allows for different shapes of the term structure curve while controlling for other price-relevant characteristics. We apply this model to land lease contracts in Saxony-Anhalt concluded between 2002 and 2010. We find an upward-sloping term structure at the beginning, that is, market participants expected increasing rental prices. For the subsequent years, however, we detect a single-humped term structure. Hence, market participants revised their expectations and assumed a decline of land rental prices in the long-term.
000201664 542__ $$fLicense granted by Gabriele Wuerth (gabriele.wuerth@agrar.hu-berlin.de) on 2015-04-15T08:42:24Z (GMT):

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000201664 650__ $$aDemand and Price Analysis
000201664 650__ $$aFarm Management
000201664 650__ $$aLand Economics/Use
000201664 6531_ $$aFarmland
000201664 6531_ $$alease rate
000201664 6531_ $$aterm structure
000201664 6531_ $$ahedonic price model
000201664 6531_ $$aprivatization
000201664 700__ $$aOdening, Martin
000201664 700__ $$aRitter, Matthias
000201664 700__ $$aHüttel, Silke
000201664 773__ $$d2015
000201664 8564_ $$s646680$$uhttp://ageconsearch.umn.edu/record/201664/files/AAEA-term%20structure%20of%20land%20lease%20rates.pdf
000201664 887__ $$ahttp://purl.umn.edu/201664
000201664 909CO $$ooai:ageconsearch.umn.edu:201664$$pGLOBAL_SET
000201664 912__ $$nSubmitted by Gabriele Wuerth (gabriele.wuerth@agrar.hu-berlin.de) on 2015-04-15T09:12:19Z
No. of bitstreams: 1
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000201664 912__ $$nMade available in DSpace on 2015-04-15T09:12:19Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2015
000201664 982__ $$gAgricultural and Applied Economics Association>2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California
000201664 980__ $$a330