ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH
ABSTRACT The aim of this study was to determine the main factors influencing the market price of agricultural tractors in Chile. A linear log model is used with data collected from ChileAutos, which is a website for vehicle sales, including 156 offers and 20 brands of new and used tractors. The resu...
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Universidad de Concepción. Facultad de Agronomía, Facultad de Ingeniería Agricola y Facultad de Ciencias Veterinarias
2021
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oai:scielo:S0719-389020210001000922021-05-16ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACHLobos,GermánBaettig,RicardoSchnettler,BertaSaens,Rodrigo tractor price tractor power tractor brand ABSTRACT The aim of this study was to determine the main factors influencing the market price of agricultural tractors in Chile. A linear log model is used with data collected from ChileAutos, which is a website for vehicle sales, including 156 offers and 20 brands of new and used tractors. The results suggest that tractor price depends negatively on tractor age, increases at decreasing rates with tractor power and depends significantly on the manufacturer's brand.info:eu-repo/semantics/openAccessUniversidad de Concepción. Facultad de Agronomía, Facultad de Ingeniería Agricola y Facultad de Ciencias VeterinariasChilean journal of agricultural & animal sciences v.37 n.1 20212021-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-38902021000100092en10.29393/chjaas37-10emgl40010 |
institution |
Scielo Chile |
collection |
Scielo Chile |
language |
English |
topic |
tractor price tractor power tractor brand |
spellingShingle |
tractor price tractor power tractor brand Lobos,Germán Baettig,Ricardo Schnettler,Berta Saens,Rodrigo ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
description |
ABSTRACT The aim of this study was to determine the main factors influencing the market price of agricultural tractors in Chile. A linear log model is used with data collected from ChileAutos, which is a website for vehicle sales, including 156 offers and 20 brands of new and used tractors. The results suggest that tractor price depends negatively on tractor age, increases at decreasing rates with tractor power and depends significantly on the manufacturer's brand. |
author |
Lobos,Germán Baettig,Ricardo Schnettler,Berta Saens,Rodrigo |
author_facet |
Lobos,Germán Baettig,Ricardo Schnettler,Berta Saens,Rodrigo |
author_sort |
Lobos,Germán |
title |
ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
title_short |
ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
title_full |
ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
title_fullStr |
ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
title_full_unstemmed |
ESTIMATING THE MARKET VALUE OF FARM TRACTORS IN CHILE: AN ECONOMETRIC APPROACH |
title_sort |
estimating the market value of farm tractors in chile: an econometric approach |
publisher |
Universidad de Concepción. Facultad de Agronomía, Facultad de Ingeniería Agricola y Facultad de Ciencias Veterinarias |
publishDate |
2021 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-38902021000100092 |
work_keys_str_mv |
AT lobosgerman estimatingthemarketvalueoffarmtractorsinchileaneconometricapproach AT baettigricardo estimatingthemarketvalueoffarmtractorsinchileaneconometricapproach AT schnettlerberta estimatingthemarketvalueoffarmtractorsinchileaneconometricapproach AT saensrodrigo estimatingthemarketvalueoffarmtractorsinchileaneconometricapproach |
_version_ |
1714207181504512000 |