|
|
|
|
| |
|
| |
|
|
| Oskam, Arie J.; Goncharova, Natalia V.; Verstegen, Jos A.A.M.. |
| Investment models typically explain only a small share of the total investment variation within or between firms. A reason for this may be that those models do not explicitly differentiate between the decision to invest and the decision about the level of investment. In this paper, a two-steps theoretical framework and estimation procedure are developed to take into account the different nature of both decisions. ‘Nearly zero’ investments are considered to be small replacement or maintenance investments and treated as ‘zero’ investments. The applied two-step Heckman model shows that the decision to invest is significantly related to available capital (-), wealth (+), debts (-), output prices (+), land price growth (+), capital price growth (-), energy... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Investments; Glasshouse horticulture; Heckman selection model; Agribusiness; Agricultural Finance; D92; Q12. |
| Ano: 2009 |
URL: http://purl.umn.edu/51574 |
| |
|
|
| de Lauwere, Carolien; Verstegen, Jos A.A.M.; Buurma, Jan; Poot, Eric; Roelofs, Peter; van der Schans, Jan Willem; Vrolijk, Maarten; Zaalmink, Wim. |
| With the aid of a theoretically-based analysis of four historical and four current change processes - or transition case studies - in agriculture, we have made a study of how farmers and their associated actors move towards a sustainable agriculture. The change processes always appear to need the same 'conditions' in order to be successful and also appear always to encounter the same types of obstacles. It may be concluded from this that better advance anticipation of obstacles' hanging above the heads' of people involved in change needs to be possible, so that the envisaged change processes can proceed more easily. It remains a fact, however, that every change process also encounters unmanageable, unpredictable obstacles. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2006 |
URL: http://purl.umn.edu/29140 |
| |
|
|
|
