@article{Hottel:329568,
      recid = {329568},
      author = {Hottel, J. Bruce and Martin, J. Rod},
      title = {Land Tenure Dynamics},
      address = {1972-01},
      number = {1485-2022-2069},
      series = {FPED Working Paper [No. 8-71]},
      pages = {30},
      year = {1972},
      abstract = {Excerpts from the report:  It is the contention of the  authors that the pattern of land tenure associated with  resources used by farm operators is primarily a function of  (1) the firm growth environment present in the agricultural  industry and (2) the view that farm operators and/or land  investors hold with regard to the potential short- and  longrun capital accumulation and investments through the  utilization of borrowed and owned funds.  The purpose of  this paper is to demonstrate that firm growth analyses  provides a relevant framework for examining this  hypothesis.  Three basic suppositions with regard to this  hypothesis are (a) capital is more limited to the farm  operator for investment in ownership than for annual  operating purposes, (b) cash capital accumulation is  greater in the shortrun for capital used for rented land  resources than for ownership investment purposes, and (c)  total capital accumulation is greater in the longrun for  land ownership investment purposes than for operating  capital used for rented land resources.},
      url = {http://ageconsearch.umn.edu/record/329568},
      doi = {https://doi.org/10.22004/ag.econ.329568},
}