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Farm Succession Plans And Actual Behaviour: Evidence From A Household Survey And Census Data

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  • Glauben, Thomas
  • Tietje, Hendrik
  • Weiss, Christoph R.

Abstract

This study examines family farms and characteristics affecting farm succession. Based on a farm survey, three aspects of succession are analysed in the paper: the probability of family succession; the likelihood of having a successor designated; and the timing of succession. Large and specialised farms are more likely to be transferred within the family and to have appointed a successor. The number of family members, as well as the experience of farm operator, is also significantly related to the succession behaviour. The probabilities of succession, and of having a successor, first increase with age and then decline again. Furthermore, timing of succession is delayed as the farm holder ages, suggesting most farm operator's succession plans to be inconsistent over time. In addition, we find a significant interrelationship between the different aspects of succession indicating that decisions on family succession, the designation of a successor, as well as the timing of succession, are not separable.

Suggested Citation

  • Glauben, Thomas & Tietje, Hendrik & Weiss, Christoph R., 2002. "Farm Succession Plans And Actual Behaviour: Evidence From A Household Survey And Census Data," 2002 Annual meeting, July 28-31, Long Beach, CA 19691, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19691
    DOI: 10.22004/ag.econ.19691
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    References listed on IDEAS

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    Cited by:

    1. Wolf, Christopher A., 2003. "The Influence of Financial, Production and Operator Characteristics on Dairy Farm Transfer Plans," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2003, pages 1-5.
    2. Viira, Ants-Hannes & Pöder, Anne & Värnik, Rando, 2014. "Discrepancies between the Intentions and Behaviour of Farm Operators in the Contexts of Farm Growth, Decline, Continuation and Exit – Evidence from Estonia," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 63(1).
    3. Viira, Ants-Hannes & Pöder, Anne & Värnik, Rando, 2014. "Discrepancies between the Intentions and Behaviour of Farm Operators in the Contexts of Farm Growth, Decline, Continuation and Exit – Evidence from Estonia," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 63(01), pages 1-17, March.

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