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Farm Succession and Retirement: Some International Comparisons

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  • Lobley, Matt
  • Baker, John R.
  • Whitehead, Ian

Abstract

The increasing age of farmers and the reluctance to transfer management from the owning generation to the successor generation has been well documented by several studies. In this article we review the literature relating to the succession of farm businesses. Drawing on data from the international FARMTRANSFERS project, we explore attitudes toward retirement and also rates and patterns of succession in several contrasting countries and states in the United States. Lastly, we discuss the implications of the research and provide recommendations for public policies that would enhance the opportunities for successors to succeed in the continuation of the farm family business.

Suggested Citation

  • Lobley, Matt & Baker, John R. & Whitehead, Ian, 2010. "Farm Succession and Retirement: Some International Comparisons," Journal of Agriculture, Food Systems, and Community Development, Center for Transformative Action, Cornell University, vol. 1(1).
    • Handle: RePEc:ags:joafsc:359367
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    References listed on IDEAS

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    1. Ashok Mishra & Hisham El-Osta, 2008. "Effect of agricultural policy on succession decisions of farm households," Review of Economics of the Household, Springer, vol. 6(3), pages 285-307, September.
    2. Uchiyama, Tomohiro & Lobley, Matt & Errington, Andrew & Yanagimura, Shunsuke, 2008. "Dimensions of Intergenerational Farm Business Transfers in Canada, England, the USA and Japan," Japanese Journal of Agricultural Economics (formerly Japanese Journal of Rural Economics), Agricultural Economics Society of Japan (AESJ), vol. 10, pages 1-16.
    3. David N. Laband & Bernard F. Lentz, 1983. "Occupational Inheritance in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 311-314.
    4. Errington, Andrew, 2002. "Handing Over the Reins: A Comparative Study of Intergenerational Farm Transfers in England, France and Canada," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24905, European Association of Agricultural Economists.
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    Cited by:

    1. Steiger, Thomas L. & Eckert, Jeanette & Gatrell, Jay & Reid, Neil & Ross, Paula, 2012. "Cultivating Narratives: Cultivating Successors," Journal of Agriculture, Food Systems, and Community Development, Center for Transformative Action, Cornell University, vol. 2(2).
    2. Chiswell, Hannah, 2013. "Cultivating Narratives: Cultivating Successors — A Reply to Steiger et al," Journal of Agriculture, Food Systems, and Community Development, Center for Transformative Action, Cornell University, vol. 3(2).
    3. Valliant, Julia & Ruhf , Kathryn & Dickinson, Stephanie & Zhang, Yijia & Golzarri-Arroyo, Lilian & Farmer, James, 2020. "Farm Seeker Needs Versus Farm Owner Offers: A Comparison and Analysis in the U.S. Midwest and Plains," Journal of Agriculture, Food Systems, and Community Development, Center for Transformative Action, Cornell University, vol. 9(2).

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