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Financial leverage and farmland values in New Zealand, 1962-1987 : a thesis submitted in partial fulfilment of the requirements for the degree of Master of Commerce (Agricultural) in the University of Canterbury [i.e. Lincoln University]
(Lincoln University, 1990)
This thesis develops a deterministic farmland value model which purports to explain the movements in farm asset prices in New Zealand during the 1962-1987 period. The incorporated value determinants are the expected returns ...