The Analysis of Farmland Price Evaluation in Mortgage Financing from Shadow Price Perspective
- DOI
- 10.2991/assehr.k.210513.080How to use a DOI?
- Keywords
- Farmland finance, Evaluate of the collateral, Shadow price
- Abstract
Research objective: to determine appropriate value of the mortgaged property of farmland management right as a scientific benchmark prices. Research method: using statistical yearbook data of Sichuan province in 2013, based on the Cobb - Douglas production function to determine the shadow price of farmland. Research results: the shadow price of farmland in Sichuan province was 43508.238 Yuan/hm2, as collateral valuation reference prices. Research conclusion: to use the farmland shadow price as a reference to estimate the mortgaged property, can increase bank margins and increase the availability of funds for peasant household, is conducive to the development of farmland finance.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Kai Hou PY - 2021 DA - 2021/05/14 TI - The Analysis of Farmland Price Evaluation in Mortgage Financing from Shadow Price Perspective BT - Proceedings of the 6th International Conference on Education Reform and Modern Management (ERMM 2021) PB - Atlantis Press SP - 348 EP - 353 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210513.080 DO - 10.2991/assehr.k.210513.080 ID - Hou2021 ER -