@article{Glauben:24699,
      recid = {24699},
      author = {Glauben, Thomas and Tietje, Hendrik and Weiss, Christoph  R.},
      title = {Analysing Family Farm Succession: A Probit and a Competing  Risk Approach},
      address = {2005},
      number = {724-2016-49080},
      series = {Contributed Paper},
      pages = {14},
      year = {2005},
      abstract = {The present study examines family and farm characteristics  affecting the choice and the timing of intergenerational  farm transfers. Using survey data which are linked to  accounting data for 272 farms in Northern Germany, we use a  probit approach to examine whether specific farm and family  characteristics are related to the likelihood of succession  within a given period. We go beyond the existing literature  by applying a competing risk approach to study the process  and thus the timing, respectively of the two competing  events - succession or exit from farming. We find that farm  characteristics significantly influence succession  considerations to the extent that they affect the value of  the farm for the potential successor.},
      url = {http://ageconsearch.umn.edu/record/24699},
      doi = {https://doi.org/10.22004/ag.econ.24699},
}