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Abstract
The aims of the second early retirement scheme for farmers, implemented in France from 1995 to 1997, has known substantial changes, to support more than the first programme, the intergenerational transfer of farm holdings in favour of the young farmers. In this paper, we try to measure the effects of this policy. It seems that the objectives have been reached since the number of establishments in agriculture is significantly higher than during the 1992-1 994 period. However the mid term impact will be less favourable, because the land market will be strongly reduced; besides the real additional establishments are not so important specially those that are achieved out of the family frame, and the cost of the programme seems very high, comparatively with the results that have been obtained.