A hedonic analysis of factors impacting the value of planters on the used machinery market

IF 1.3 Q3 AGRICULTURAL ECONOMICS & POLICY Agricultural and Resource Economics Review Pub Date : 2022-03-22 DOI:10.1017/age.2022.4
J. Allison, T. Mark, Kenneth H. Burdine, J. Shockley
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引用次数: 0

Abstract

A hedonic model was employed to examine factors that influence the resale price of row crop planters on the used machinery market. Planter sale data from 2016 to 2018 were utilized to conduct the analysis. Results suggested that the primary factors impacting planter resale prices were make, age, condition, planter configuration, row number, and row spacing. As a function of age (depreciation), planter values were generally determined to decrease at a decreasing rate. Finally, it was determined that there was a significant interaction between the variables make and age, suggesting that different planter makes depreciate differently.
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二手机械市场上影响播种机价值因素的实证分析
本文采用享乐模型考察了影响行栽机在二手机械市场转售价格的因素。利用2016年至2018年的种植机销售数据进行分析。结果表明,影响苗木转售价格的主要因素是品种、树龄、条件、苗木配置、行数和行距。作为年限(折旧)的函数,种植价值通常以递减的速率下降。最后,确定了变量make和年龄之间存在显著的相互作用,表明不同的播种机makes贬值不同。
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来源期刊
Agricultural and Resource Economics Review
Agricultural and Resource Economics Review AGRICULTURAL ECONOMICS & POLICY-
CiteScore
2.20
自引率
0.00%
发文量
23
审稿时长
19 weeks
期刊介绍: The purpose of the Review is to foster and disseminate professional thought and literature relating to the economics of agriculture, natural resources, and community development. It is published twice a year in April and October. In addition to normal refereed articles, it also publishes invited papers presented at the annual meetings of the NAREA as well as abstracts of selected papers presented at those meetings. The Review was formerly known as the Northeastern Journal of Agricultural and Resource Economics
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