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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Autores principales: Lobos,Germán, Baettig,Ricardo, Schnettler,Berta, Saens,Rodrigo
Lenguaje:English
Publicado: Universidad de Concepción. Facultad de Agronomía, Facultad de Ingeniería Agricola y Facultad de Ciencias Veterinarias 2021
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-38902021000100092
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spelling 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
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