IDEAS home Printed from https://ideas.repec.org/p/ags/aaea01/20644.html
   My bibliography  Save this paper

Contract Choice Selection With Land-Leasing Agreements

Author

Listed:
  • Rainey, Ronald L.
  • Dixon, Bruce L.
  • Ahrendsen, Bruce L.
  • Parsch, Lucas D.
  • Bierlen, Ralph W.

Abstract

This study tests cropland contract hypotheses utilizing a landlord data set. Ordered probit and classical regression models are estimated and presented identifying factors that affect the contract type selection and terms. Results suggest credit constraints are a viable land-leasing hypothesis. Risk aversion, managerial ability, and social capital are also supported.

Suggested Citation

  • Rainey, Ronald L. & Dixon, Bruce L. & Ahrendsen, Bruce L. & Parsch, Lucas D. & Bierlen, Ralph W., 2001. "Contract Choice Selection With Land-Leasing Agreements," 2001 Annual meeting, August 5-8, Chicago, IL 20644, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20644
    DOI: 10.22004/ag.econ.20644
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20644/files/sp01ra04.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20644?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bierlen, Ralph W. & Parsch, Lucas D. & Dixon, Bruce L., 1999. "How Cropland Contract Type And Term Decisions Are Made: Evidence From An Arkansas Tenant Survey," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 2(01), pages 1-19.
    2. D.J. Brown & J.H. Atkinson, 1981. "Cash and Share Renting: An Empirical Test of the Link Between Entrepreneurial Ability and Contractual Choice," Bell Journal of Economics, The RAND Corporation, vol. 12(1), pages 296-299, Spring.
    3. Ralph Bierlen & Lucas D. Parsch, 1996. "Tenant Satisfaction with Land Leases," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(3), pages 505-513.
    4. Allen, Douglas & Lueck, Dean, 1992. "Contract Choice in Modern Agriculture: Cash Rent versus Cropshare," Journal of Law and Economics, University of Chicago Press, vol. 35(2), pages 397-426, October.
    5. Otsuka, Keijiro & Hayami, Yujiro, 1988. "Theories of Share Tenancy: A Critical Survey," Economic Development and Cultural Change, University of Chicago Press, vol. 37(1), pages 31-68, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rainey, Ronald L. & Dixon, Bruce L. & Ahrendsen, Bruce L. & Parsch, Lucas D. & Bierlen, Ralph W., 2005. "Arkansas Landlord Selection of Land-Leasing Contract Type and Terms," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(01), pages 1-19.
    2. Moss, Leeann E. & Westgren, Randall E. & Schnitkey, Gary D. & Barry, Peter J., 2001. "A Transation Cost Economics And Property Rights Theory Approach To Farmland Lease Preferences," 2001 Regional Committee NC-221, October 1-2, 2001, McLean, Virginia 132406, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    3. Bierlen, Ralph W. & Parsch, Lucas D. & Dixon, Bruce L., 1999. "How Cropland Contract Type And Term Decisions Are Made: Evidence From An Arkansas Tenant Survey," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 2(01), pages 1-19.
    4. Wendyam Ulrich Wilfried Zombre & Emmanuelle Bouquet & Jean-Philippe Colin, 2013. "Contraintes de financement et choix contractuel sur le marché du faire-valoir indirect à Madagascar," Post-Print hal-02748863, HAL.
    5. Jun Yeong Lee & Grant Durbahn & Peter F. Orazem & Wendong Zhang, 2023. "The roles of risk preferences, selection, and uncertain returns on land contracts," Agricultural Economics, International Association of Agricultural Economists, vol. 54(2), pages 220-233, March.
    6. Luis H.B. Braido, 2005. "Risk and Insurance in Sharecropping," Risk and Insurance 0508002, University Library of Munich, Germany.
    7. Elliott, Matthew & James, Harvey Jr., 2013. "Nature Of The Farm: Revisited," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150726, Agricultural and Applied Economics Association.
    8. Benito Arruñada & Manuel González, 1997. "How competition controls team production: The case of fishing firms," Economics Working Papers 261, Department of Economics and Business, Universitat Pompeu Fabra.
    9. Barry, Peter J. & Escalante, Cesar L. & Moss, Leeann E., 2002. "Rental Premiums For Share Versus Cash Leases," 2002 Annual meeting, July 28-31, Long Beach, CA 19684, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Wang, Hui & Riedinger, Jeffrey & Jin, Songqing, 2015. "Land documents, tenure security and land rental development: Panel evidence from China," China Economic Review, Elsevier, vol. 36(C), pages 220-235.
    11. Sharma, H.R., 2005. "Rapporteur’s Report on Changing Agrarian Relationships in Rural Areas," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 60(3), pages 1-10.
    12. Breustedt, Gunnar & Habermann, Hendrik, 2010. "Einfluss Der Biogaserzeugung Auf Landwirtschaftliche Pachtpreise In Deutschland," 50th Annual Conference, Braunschweig, Germany, September 29-October 1, 2010 93937, German Association of Agricultural Economists (GEWISOLA).
    13. Styan, Jacob & Boerngen, Maria A. & Barrowclough, Michael J., 2021. "Factors Influencing Increased Usage of Cash Rent Leases in Illinois," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2021.
    14. Laurence Amblard & J.P. Colin, 2009. "Reverse tenancy in Romania: Actors' rationales and equity outcomes," Post-Print hal-00454533, HAL.
    15. Christine Léger Léger-Bosch, 2018. "Farmland Tenure and Transaction Costs," Working Papers hal-01775201, HAL.
    16. Mayshar, Joram & Moav, Omer & Neeman, Zvika, 2011. "Transparency, Appropriability and the Early State," CEPR Discussion Papers 8548, C.E.P.R. Discussion Papers.
    17. repec:phd:pjdevt:jpd_1991_vol__xviii_no__1-d is not listed on IDEAS
    18. Teklu, Tesfaye & Lemi, Adugna, 2004. "Factors affecting entry and intensity in informal rental land markets in Southern Ethiopian highlands," Agricultural Economics, Blackwell, vol. 30(2), pages 117-128, March.
    19. Richard O. Zerbe & Howard E. McCurdy, 1999. "The failure of market failure," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 18(4), pages 558-578.
    20. Kassie, Menale & Jaleta, Moti & Shiferaw, Bekele A. & Mmbando, Frank & Mekuria, Mulugetta, 2012. "Interdependence in Farmer Technology Adoption Decisions in Smallholder Systems: Joint Estimation of Investments in Sustainable Agricultural Practices in Rural Tanzania," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126791, International Association of Agricultural Economists.
    21. Jagger, Pamela & Pender, John, 2003. "The role of trees for sustainable management of less-favored lands: the case of eucalyptus in Ethiopia," Forest Policy and Economics, Elsevier, vol. 5(1), pages 83-95, January.

    More about this item

    Keywords

    Land Economics/Use;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea01:20644. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.