ISHS Acta Horticulturae 184: I International Symposium on Computer Modelling in Fruit Research and Orchard Management
APPLICATION OF BIO-ECONOMIC MODELS FOR ORCHARD APPRAISAL |
| Author: | H.H. Buchwald |
| Abstract:
The valuation model which is represented in the paper deals with the problems of dispossession and replacement of orchards. The returns of an orchard are lost after disposession. This loss will partly be compensated by the returns of an substitute orchard. The orchard value is computed as capitilized value of the resulting receipt-expenditure differences. A computer aided valuation model is used for the estimation of costs and yields. The input variables make it possible to simulate an individual orchard. The simulated receipts and expenditures are shown on a computer graphic. The orchard value is presented in special tables which show the value as a function of age and yield capacity. The results demonstrate that orchard value mainly depends on the substitute orchard efficiency. | |
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