Determination of farmland values in New Zealand : the significance of financial leverage
An examination of the growth rates in farm asset values and returns in New Zealand between 1962 and 1987 reveals that a significant divergence has developed between the two. The objective of this study was to examine the impact of financial leverage on farmland price determination in New Zealand between 1962 and 1987.
Keywordsfarm valuation; farm income
Fields of Research1402 Applied Economics; 140201 Agricultural Economics
TypeReport (Technical Report)