The absence of significant differences in standard deviation ofprofits, assets and
liabilities does neither provideempirical evidence, for the agricultural sector, to the
commonly accepted hypothesis (e.g. Plantin and Sapra, forthcoming; Dowling, 2001;
Pentinen et al., 2004) of greatervolatility with fair valuation, nor to Bleck and Liu’s
(2007) hypothesis of greater volatility with historic cost. No significant differences in
coefficients of variation of these variables confirm this result.