首页    期刊浏览 2024年12月14日 星期六
登录注册

文章基本信息

  • 标题:Farmland Investment in Africa: What’s the Deal?
  • 本地全文:下载
  • 作者:Di Corato, Luca ; Hess, Sebastian
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2014
  • 出版社:Journal of Agribusiness
  • 摘要:We present a dynamic stochastic programming model that re‡ects the typical bargaining situation concerning large land deals in Africa. The model allows assessing the e¤ect of market- and country-speci…c risks and taxation. It shows that commodity price volatility increases the value of the land development option, but slows down the land development process. Furthermore, it shows that host country attempts to negotiate …xed commitments to the speed of project development may run counter to the structure of economic incentives at the project site. Finally, the applicability of the model is demonstrated for a recent 10,000-hectare cotton project in Ethiopia.
  • 关键词:Foreign Direct Investment;Land Leasing;Real Options;Nash Bargaining.
国家哲学社会科学文献中心版权所有