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Filtering by: Creator Welter, Stephen C. Degree Field Computer Science Degree Field Agricultural and Resource Economics

A comparison of box-cox and additive exponential models to estimate the depreciation of farm machinery

Creator:

Wu, Jing

Abstract:

Farm machinery continues to increase in its importance to the agricultural sector. Depreciation, the decline in value of a durable asset over time, represents one of the largest costs of agricultural production. The general objectives of this study were to update and expand the number of Remaining Value (RV) functions...

Resource Type:

Masters Thesis

Full Text:

the depreciation patterns for Box-Cox (B-C) and Additive- Exponential (A-E) functional forms; and