The U.S. Farm Lease-Debt Relationship: Evidence from a National Survey
Harris, J. Michael; Erickson, Kenneth
2014

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Abstract

This poster examines the issue of whether debt and leasing are substitutes. Using 2012 Agricultural Resource Management Survey data, a tobit model is estimated to estimate the debt-to-lease displacement ratio. Leasing and debt were found to be substitutes and the ratio was found to vary among farm typologies. Medium and large farms had near perfect substitution ratios.

Details

Title The U.S. Farm Lease-Debt Relationship: Evidence from a National Survey
Keywords
Author(s) Harris, J. Michael
Erickson, Kenneth
Subject(s)
Issue Date 2014
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.170495
Record Identifier https://ageconsearch.umn.edu/record/170495
PURL Identifier http://purl.umn.edu/170495
Language English
Total Pages 7
Series Statement Poster
4690
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota

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