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The Determinants of Beginning Farm Success

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  • Key, Nigel

Abstract

Using linked data from multiple years of the U.S. Census of Agriculture, this study identifies farm and operator characteristics associated with beginning farm survival, growth, and success. Success is defined as continuing in business for 5 years without a decline in farm real estate asset value. The results indicate which types of beginning farms and farmers are likely to survive and grow—information which could be useful in targeting program resources. By identifying policy-amenable variables that correlate with both farm survival and business expansion, the results also suggest possible mechanisms for increasing the success of beginning farms.

Suggested Citation

  • Key, Nigel, 2022. "The Determinants of Beginning Farm Success," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(2), pages 199-223, May.
    • Handle: RePEc:cup:jagaec:v:54:y:2022:i:2:p:199-223_1
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    Cited by:

    1. Jablonski, Becca B. R. & Bauman, Allison & Yeh, Adeline, 2023. "Conducting Economic Research on Local and Regional Food System," 2023 Annual Meeting, July 23-25, Washington D.C. 335986, Agricultural and Applied Economics Association.
    2. Becca B. R. Jablonski & Nigel Key & Joleen Hadrich & Allie Bauman & Sarah Campbell & Dawn Thilmany & Martha Sullins, 2022. "Opportunities to support beginning farmers and ranchers in the 2023 Farm Bill," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(3), pages 1177-1194, September.
    3. Key, Nigel, . "Direct-to-Consumer Marketing and the Survival and Growth of Beginning Farms," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(1).

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