Go to main content
Did you know? By making a gift to AgEcon Search, you are helping ensure that our small non-profit continues to provide free full-text access to 15,000 visitors a day from 170+ countries
Format
BibTeX
MARCXML
TextMARC
MARC
DublinCore
EndNote
NLM
RefWorks
RIS

Files

Abstract

The traditional approach to projecting the distribution of farms by size uses a Markov model with stationary (constant) transition probabilities. While a useful tool for extrapolation of current trends, the stationary Markov approach cannot model the impacts on farm structure of varying economic and social causal forces. Data are now available for developing Markov models with nonstationary transition probabilities. A simple nonstationary Markov model of U.S. farm structure is described and estimated, and its performance in predicting actual changes in farm numbers and sizes through 1986 is assessed. Further issues in the development of conditional projections of farm structure are discussed.

Details

PDF

Statistics

from
to
Export
Download Full History