Farm Growth and Survival: Econometric Evidence for Individual Farms in Upper Austria
This article investigates survival and growth of more than 50,000 Upper Austrian farm households within a maximum likelihood sample selection framework. The results suggest that age, schooling and sex of the farm operator, size of the farm family, and off-farm employment status, as well as initial farm size, significantly influence farm growth and survival. The present study provides support for the notion of a “disappearing middle” in the size distribution. The process of polarization is closely related to the off-farm employment status of farms. Correcting for sample-attrition bias is important when analyzing the performance of part-time farms. Copyright 1999, Oxford University Press.
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Volume (Year): 81 (1999)
Issue (Month): 1 ()
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