Methodology to determine the value of a poultry farm

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dc.contributor.author Joubert, J.C.N.
dc.contributor.author Cloete, C.E. (Christiaan Ernst)
dc.date.accessioned 2012-07-18T12:05:08Z
dc.date.available 2012-12-31T00:20:02Z
dc.date.issued 2011
dc.description.abstract Much uncertainty exists about the most useful method to value a poultry farm. The purpose of the research is to determine the method of valuation that is the most appropriate and reliable for the valuation of a broiler farm. A sample of 15 out of the 196 contract broiler farm valuations was selected in the Mpumalanga and North West provinces in South Africa. The size of the broiler houses was at least 1 000 m². Broiler units with a minimum of four houses were taken into account. Data was gathered by means of assessments of previous valuations as well as physical valuations done in the field and analysed statistically. Figures were tested for normality; differences between the overall means were determined by the analysis of variance using the ANOVA test; the correlation coefficients between the two different methods and the dependable variable were determined; and regression analysis was fitted. The differences in the coefficient of variance between the two sets of data used indicate that the cost approach has a smaller variation around the mean. The income approach, on the other hand, indicates a more realistic approach, because the basis is the net margin and not a norm for replacement and depreciation. Although differences do exist, a strong correlation exists between the two methods. en_US
dc.description.uri http://www.tandfonline.com/loi/ragr20 en_US
dc.identifier.citation J.C.N. Joubert & C.E. Cloete (2011): Methodology to determine the value of a poultry farm, Agrekon: Agricultural Economics Research, Policy and Practice in Southern Africa, 50:4, 45-74. en_US
dc.identifier.issn 0303-1853 (print)
dc.identifier.issn 2078-0400 (online)
dc.identifier.other 10.1080/03031853.2011.617894
dc.identifier.uri http://hdl.handle.net/2263/19441
dc.language.iso en en_US
dc.publisher Routledge en_US
dc.rights © Agricultural Economics Association of South Africa. This is an electronic version of an article published in Agrekon, vol. 50, no. 4, pp. 45-74, 2011. Agrekon is available online at: http://www.tandfonline.com/loi/ragr20. en_US
dc.subject Valuation methods en_US
dc.subject Poultry farm en_US
dc.subject Broiler units en_US
dc.subject Valuation of broiler units en_US
dc.title Methodology to determine the value of a poultry farm en_US
dc.type Postprint Article en_US


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