USE OF ALTERNATIVE DEPRECIATION METHODS TO ESTIMATE FARM TRACTOR VALUES

Six depreciation methods were used to simulate the value of farm tractors with indexed and expected prices. Accuracy of simulated values was evaluated using paired t-tests of mean absolute percentage errors and forecast accuracy regression models. Results varied with age and use. Some depreciation methods were more accurate than others.

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Year of publication:	2000
Authors:	Dumler, Troy J. ; Burton Jr., Robert O. ; Kastens, Terry L.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Farm Management \| Financial Economics

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Extent:	application/pdf
Series:	2000 Annual meeting, July 30-August 2, Tampa, FL.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2000 Annual meeting, July 30-August 2, Tampa, FL Number 21800
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005468500