USE OF ALTERNATIVE DEPRECIATION METHODS TO ESTIMATE FARM TRACTOR VALUES
Dumler, Troy J.; Burton, Robert O., Jr.; Kastens, Terry L.
2000

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Abstract

Six depreciation methods were used to simulate the value of farm tractors with indexed and expected prices. Accuracy of simulated values was evaluated using paired t-tests of mean absolute percentage errors and forecast accuracy regression models. Results varied with age and use. Some depreciation methods were more accurate than others.

Details

Title USE OF ALTERNATIVE DEPRECIATION METHODS TO ESTIMATE FARM TRACTOR VALUES
Author(s) Dumler, Troy J.
Burton, Robert O., Jr.
Kastens, Terry L.
Subject(s)
Issue Date 2000
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.21800
Record Identifier https://ageconsearch.umn.edu/record/21800
PURL Identifier http://purl.umn.edu/21800
Language English
Total Pages 28
Series Statement Selected Paper
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 2000 Annual meeting, July 30-August 2, Tampa, FL

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