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

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  • Katchova, Ani L.

Abstract

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.

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File URL: http://purl.umn.edu/60965
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Bibliographic Info

Paper provided by European Association of Agricultural Economists in its series 114th Seminar, April 15-16, 2010, Berlin, Germany with number 60965.

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Date of creation: Apr 2010
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Handle: RePEc:ags:eaa114:60965

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Related research

Keywords: beginning farmers; financial performance; financial stress; retired farmers; transitioning farmers; Agricultural and Food Policy; Farm Management; Land Economics/Use;

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  1. D'Antoni, Jeremy M. & Mishra, Ashok K. & Chintawar, Sachin, 2009. "Predicting Financial Stress in Young and Beginning Farmers in the United States," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46861, Southern Agricultural Economics Association.
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Cited by:
  1. Carlos M. F-Jardón, 2011. "Deployment of Core Competencies to obtain success in SMEs," Working Papers 1106, Universidade de Vigo, Departamento de Economía Aplicada.
  2. Carlos M. F-JARDON & Miguel GONZALEZ-LOUREIRO, 2013. "Human Capital as Source for Sustained Competitive Advantages in SMEs: A Core Competencies Approach," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(2), pages 255-276, December.

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