Spousal Effect and Timing of Farmers' Early Retirement Decisions
The retirement decisions of individuals are strongly influenced by spousal retirement, financial incentives and institutional constraints such as access to early retirement benefits. In the European Union (EU), farm retirement is encouraged by early retirement provisions for farmers. As exit from farming determines the characteristics of structural change in agriculture, it is important to find out how spousal retirement and economic incentives affect the timing and type of retirement decisions among elderly farmers. This paper analyses the timing of early retirement decisions of farming couples using duration analysis and different exit channels. The empirical analysis is based on Finnish farm-level panel data for the period 1993-1998. The results suggest that an expected pension particularly advances farm transfers. Farming couples are found to co-ordinate their early retirement according to spousal retirement under other pension schemes.
|Date of creation:||2005|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.eaae.org|
More information through EDIRC
References listed on IDEAS
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.:
- 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.
- Kimhi, Ayal & Bollman, Ray, 1999.
"Family farm dynamics in Canada and Israel: the case of farm exits,"
Blackwell, vol. 21(1), pages 69-79, August.
- Kimhi, Ayal & Bollman, Ray, 1999. "Family farm dynamics in Canada and Israel: the case of farm exits," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 21(1), August.
- Blau, David & Riphahn, Regina, 1998.
"Labour Force transitions of Older Married Couples in Germany,"
CEPR Discussion Papers
1911, C.E.P.R. Discussion Papers.
- Blau, David M. & Riphahn, Regina T., 1999. "Labor force transitions of older married couples in Germany," Labour Economics, Elsevier, vol. 6(2), pages 229-252, June.
- Blau, David M. & Riphahn, Regina T., 1998. "Labor Force Transitions of Older Married Couples in Germany," IZA Discussion Papers 5, Institute for the Study of Labor (IZA).
- Blau, David M, 1998. "Labor Force Dynamics of Older Married Couples," Journal of Labor Economics, University of Chicago Press, vol. 16(3), pages 595-629, July.
- Thomas Glauben & Hendrik Tietje & Christoph Weiss, 2004. "Intergenerational Succession in Farm Households: Evidence from Upper Austria," Review of Economics of the Household, Springer, vol. 2(4), pages 443-462, 08.
- Stephan J. Goetz & David L. Debertin, 2001. "Why Farmers Quit: A County-Level Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(4), pages 1010-1023.
- Kerkhofs, Marcel & Lindeboom, Maarten & Theeuwes, Jules, 1998.
"Retirement, financial incentives and health,"
Serie Research Memoranda
0042, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-79, June.
- Gustman, Alan L & Steinmeier, Thomas L, 2000. "Retirement in Dual-Career Families: A Structural Model," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 503-45, July.
- Asch, Beth & Haider, Steven J. & Zissimopoulos, Julie, 2005. "Financial incentives and retirement: evidence from federal civil service workers," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 427-440, February.
- Hernaes, Erik & Sollie, Marte & Strom, Steinar, 2000.
" Early Retirement and Economic Incentives,"
Scandinavian Journal of Economics,
Wiley Blackwell, vol. 102(3), pages 481-502, June.
- Ayal Kimhi & Ramon Lopez, 1999. "A Note on Farmers' Retirement and Succession Considerations: Evidence from a Household Survey," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(1), pages 154-162.
- Christoph R. Weiss, 1999. "Farm Growth and Survival: Econometric Evidence for Individual Farms in Upper Austria," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 103-116.
- Tuulia Hakola, 2002. "Economic Incentives and Labour Market Transitions of the Aged Finnish Workforce," Research Reports 89, Government Institute for Economic Research Finland (VATT).
- Ruuskanen, Olli-Pekka, . "An Econometric Analysis of Time Use in Finnish Households," ETLA A, The Research Institute of the Finnish Economy, number 41.
- Blau, David M., 1997. "Social security and the labor supply of older married couples," Labour Economics, Elsevier, vol. 4(4), pages 373-418, December.
- Ky–sti Pietola & Minna V”re & Alfons Oude Lansink, 2003. "Timing and type of exit from farming: farmers' early retirement programmes in Finland," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 30(1), pages 99-116, March.
When requesting a correction, please mention this item's handle: RePEc:ags:eaae05:24696. 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.