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| Pyykkonen, Perttu. |
| The purpose of the study was to find out the factors affecting farmland prices in Finland. A hedonic pricing model that takes into account the presence of spatial dependence was applied for a very large sales price data (6 281 observations). The results confirmed the importance of land quality and the structural change as determinants of land price. In addition, off-farm job possibilities seemed to have a significant role in determining land prices. The effect of government payments on land prices was also clear, even though the support does not explain very much of the differences in land prices between regions. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land prices; Hedonic pricing; Spatial econometrics; Land Economics/Use; Q11. |
| Ano: 2005 |
URL: http://purl.umn.edu/24541 |
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| Karikallio, Hanna; Arovuori, Kyösti; Pyykkonen, Perttu. |
| In this paper we analyse, how food prices have been spread between different actors in the Finnish food chain in 2000-2007. In addition, we compare price formation in Finland to eight other countries. We argue that the main factors explaining different food price behaviour between different countries especially in Europe are; the level of processing in the consumed food products, domestic competition, availability of substitute products, domestic consumption structure and consumers’ preferences. Our results show, that retailers’ share of food prices has increased in Finland, while both the farmers’ and processors’ share has been decreasing. This development differs significantly between countries. Yet, it seems that the lack of competition gives retail... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food chain; Price formation; Finland; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety. |
| Ano: 2009 |
URL: http://purl.umn.edu/58037 |
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| Pyykkonen, Perttu; Yrjola, Tapani; Latukka, Arto. |
| As a consequence of rapid structural change and new investment support scheme agricultural debts have increased and concentrated heavily in Finland. In addition, New Basel Accord (Basel II) regulating the bank business requires more in-depth credit risk assessment from banks. Therefore, there are both endogenous and exogenous reasoning for researching the agricultural credit risks. The purpose of the study is to find out the factors that affect financial risks in agriculture as well as possible change in credit risks. Credit scores depicting the magnitude of financial risk for 664 Finnish FADN farms are calculated and an econometric model is applied to clarify which farm specific factors influence the credit score. According to the study increasing farm... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Credit risks; Financing; Agricultural Finance. |
| Ano: 2008 |
URL: http://purl.umn.edu/44048 |
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| Latvala, Terhi; Pyykkonen, Perttu. |
| Adopting an automatic milking system (AMS) on a dairy farm decreases the hours spent on animal husbandry by approximately 30 per cent. When comparing a milking parlour and the AM-system, the main economic benefit clearly results from the decrease in labour costs in automatic milking. In terms of economic profitability, the net profit in AM-system remains above that of the milking parlour system. On dairy farms the main reasons for adopting automatic milking are linked to the workload and physical loading. A more flexible working time distributes the workload evenly during busy cultivation periods. More flexible leisure time is also important. Producers also want to enhance the welfare and health of the animals by increasing the milking frequency of highly... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Automatic milking system; Profitability; Labour costs; Livestock Production/Industries; Q12; Q16. |
| Ano: 2005 |
URL: http://purl.umn.edu/24534 |
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