Modeling Succession on Irish Dairy Farms
This paper examines intergenerational succession on Irish dairy farms. The factors that influence the decision to enter dairying farming are examined using a binary choice logit model. Reasons that are frequently published in the popular farming press as being an obstacle to intergenerational succession are analysed and the significance of their effect is quantified. Results show that the level of education of the heir is the most significant factor in the succession decision. Heir's with third level education are 30% less likely to enter dairy farming than their second level only educated counterparts. The sizes of milk quota and income that are associated with high probabilities of succession are identified.
|Date of creation:||2002|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.eaae.org|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gardner, Bruce L, 1992. "Changing Economic Perspectives on the Farm Problem," Journal of Economic Literature, American Economic Association, vol. 30(1), pages 62-101, March.
- repec:cdl:agrebk:677080 is not listed on IDEAS
- Jeffrey M. Perloff, 1991.
"The Impact of Wage Differentials on Choosing to Work in Agriculture,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 73(3), pages 671-680.
- Perloff, Jeffrey M, 1990. "The impact of wage differentials on choosing to work in agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt68j399k8, Department of Agricultural & Resource Economics, UC Berkeley.
- Kimhi, Ayal & Nachlieli, Noga, 1998.
"Intergenerational Succession In Israeli Family Farms,"
1998 Annual meeting, August 2-5, Salt Lake City, UT
20811, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Ayal Kimhi & Noga Nachlieli, 2001. "Intergenerational Succession on Israeli Family Farms," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 42-58.
When requesting a correction, please mention this item's handle: RePEc:ags:eaae02:24953. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.