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Volume 41, Number 03, December 2009 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/56653
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| Title: | Farming Exit Decision by Age Group: Analysis of Tobacco Buyout Impact in Kentucky |
| Authors: | Pushkarskaya, Helen N.
Vedenov, Dmitry V. |
| Keywords: | age group
industry exit
tobacco buyout
tobacco farming |
| JEL Codes: | C25
D21
E24
J00
J11
J24
J43
Q18
R23 |
| Issue Date: | 2009-12 |
| Abstract: | This article analyzes factors that affected the decision to exit tobacco production in the wake
of the tobacco buyout program using the data collected through a survey of Kentucky tobacco
farmers. Using the Heuristic logistic regression model, we find that the decision to exit tobacco
growing was affected by efficiency considerations, availability of off-farm employment,
and exit barriers. Availability of off-farm employment had the strongest effect on
farmers younger than 46, while the effect of variables measuring efficiency and exit barriers
seemed to be more uniform across age groups. Based on the results we suggest several policy
interventions. |
| URI: | http://purl.umn.edu/56653 |
| Institution/Association: | Journal of Agricultural and Applied Economics>Volume 41, Number 03, December 2009 |
| Total Pages: | 10 |
| From Page: | 653 |
| To Page: | 662 |
| Collections: | Volume 41, Number 03, December 2009
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| jaae190.pdf | | 561Kb | PDF | View/Open |
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