Show simple item record

dc.contributor.authorNartea, Gilberten
dc.contributor.authorPellegrino, Juanen
dc.date.accessioned2007-08-22T03:36:45Z
dc.date.issued1999-12en
dc.identifier.issn1174-8796en
dc.identifier.urihttps://hdl.handle.net/10182/89
dc.description.abstractOff-farm investment as a risk management strategy is not particularly popular among New Zealand sheep and beef farmers. This study explores the potential reduction in risk by diversifying farm asset portfolios to include financial investments. Portfolio analysis revealed that the negative correlation between rates of return on farm assets and shares found in the study could result in a risk reduction of as much as 20% by converting 16 to 25% of the farm investment portfolio into shares. These findings indicate that off- farm investment could be an important risk response for farmers.en
dc.format.extent1-12en
dc.language.isoenen
dc.publisherLincoln University. Farm and Horticultural Management Groupen
dc.relationThe original publication is available from - Lincoln University. Farm and Horticultural Management Group - http://hdl.handle.net/10182/89en
dc.relation.ispartofseriesFarm and Horticultural Management Group Research Reporten
dc.subjectrisk managementen
dc.subjectdiversificationen
dc.subjectportfolio theoryen
dc.subjectoff-farm investmenten
dc.titleOff-farm investment in financial assets as a risk response for New Zealand sheep and beef farmsen
dc.typeMonograph
dc.subject.marsdenFields of Research::300000 Agricultural, Veterinary and Environmental Sciences::300900 Land, Parks and Agriculture Management::300901 Farm management, rural management and agribusinessen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340201 Agricultural economicsen
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Financial and Business Systemsen
pubs.editionResearch Report 99/07en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/FABS
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://hdl.handle.net/10182/89en
dc.publisher.placeLincoln, Canterburyen


Files in this item

Default Thumbnail

This item appears in the following Collection(s)

Show simple item record