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biogas production. The model implemented is based on a real option approach that includes investment irreversibility and …
Persistent link: https://www.econbiz.de/10008465930
This paper examines intergenerational succession on Irish dairy farms. The factors that influence the decision to enter dairying farming are examined using a binary choice logit model. Reasons that are frequently published in the popular farming press as being an obstacle to intergenerational...
Persistent link: https://www.econbiz.de/10004991739
that real options models are able to predict actual disinvestment decisions better than traditional investment theory …
Persistent link: https://www.econbiz.de/10009326370
study tries to assess the optimal investment trigger for a new comer into organic dairy sheep farming system and secondly …, to evaluate the investment profitability of an existing organic farmer in his attempt to improve his farm. Results … indicate that the framework of real options analysis is an appropriate form of analysis if the question of investment …
Persistent link: https://www.econbiz.de/10008508965
Latest developments in investment analysis offer a number of valuable insights into how to evaluate investment … of timing are conditions that net present value does not include but they alter the investment decision in critical way … investment decisions. …
Persistent link: https://www.econbiz.de/10005525726
The objective of this paper is to analyse farm strategies and investment behaviour in a sample of selected Italian farm … households using multi-criteria dynamic programming, including investment choice. A total of 24 farms were selected for modelling … household investment, though the latter seems more relevant than the former. However, decoupling itself shows minor effects in …
Persistent link: https://www.econbiz.de/10005321072
investment increases up to 2.3% and 29%, respectively, per 1000 EUR of additional credit. Due to credit-financed investment in …
Persistent link: https://www.econbiz.de/10008508949
account the possibility of simultaneous investments and the potential correlations among these investment decisions. We find …, farmer's age. This paper contributes to the limited literature on farmers' investment decisions at EU-level. Future versions …
Persistent link: https://www.econbiz.de/10011124996
The aim of this research was to study empirically what characterize farms and farmers that choose to develop the milk production at their farms. The background was that several farms have exited milk production, which threatens both goals about rural development and also the activities of the...
Persistent link: https://www.econbiz.de/10005330102
In earlier studies, past succession is found to contribute positively to the farm growth. However, there is lack of information on how are the farms succeeding after the starting phase. In this study, it is analysed how farmers that have recently started their farm enterprise differ from more...
Persistent link: https://www.econbiz.de/10009326444