Structural changes in U.S. agriculture: Financial performance of farms in transition

This study examines the financial performance and stress experienced by beginning and retired farms in the U.S. Using USDA’s ARMS data, probit models are estimated to study the personal and farm characteristics that affect whether or not the financial ratios fall into critical zones. The results show that older farmers and larger farms are less likely to experience financial stress while hobby farms and livestock farms are more likely to experience financial stress. The results for beginning and retired farmers indicate fewer significant effects.


Issue Date:
2010-04
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/60965
Total Pages:
17




 Record created 2017-04-01, last modified 2017-08-25

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