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Performance post succession on Italian family farms

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  • Bertoni, Danilo
  • Cavicchioli, Daniele
  • Latruffe, Laure

Abstract

We analyse whether the event of succession changes the performance of Italian family farms, using data from the Italian Farm Accountancy Data Network (FADN) and several performance indicators during 2008-2014. T-tests of equality of means and propensity score matching reveal that succession has a negative effect on performance related to capital, due to an increase in capital after succession. Furthermore, in the first years examined, performance per hectare after succession is lower for farms with succession than for farms without. This negative effect of succession on performance per hectare is not systematically confirmed when performance is related per labour unit.

Suggested Citation

  • Bertoni, Danilo & Cavicchioli, Daniele & Latruffe, Laure, 2017. "Performance post succession on Italian family farms," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261435, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae17:261435
    DOI: 10.22004/ag.econ.261435
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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. Andrea Pufahl & Christoph R. Weiss, 2009. "Evaluating the effects of farm programmes: results from propensity score matching," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 36(1), pages 79-101, March.
    3. Gaté, Romain & Latruffe, Laure, 2015. "Problems encountered with farm transfers: the case of Brittany," Working Papers 206047, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
    4. Alfred M. Stiglbauer & Christoph R. Weiss, 2000. "Family and Non-Family Succession in the Upper-Austrian Farm Sector," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 54, pages 5-26.
    5. Thomas Glauben & Martin Petrick & Hendrik Tietje & Christoph Weiss, 2009. "Probability and timing of succession or closure in family firms: a switching regression analysis of farm households in Germany," Applied Economics, Taylor & Francis Journals, vol. 41(1), pages 45-54.
    6. Carlos D. Mayen & Joseph V. Balagtas & Corinne E. Alexander, 2010. "Technology Adoption and Technical Efficiency: Organic and Conventional Dairy Farms in the United States," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(1), pages 181-195.
    7. Cucculelli, Marco & Micucci, Giacinto, 2008. "Family succession and firm performance: Evidence from Italian family firms," Journal of Corporate Finance, Elsevier, vol. 14(1), pages 17-31, February.
    8. Wennberg, Karl & Wiklund, Johan & Hellerstedt, Karin & Nordqvist, Mattias, 2011. "Implications of Intra-Family and External Ownership Transfer Of Family Firms: Short Term and Long Term Performance," Ratio Working Papers 172, The Ratio Institute.
    9. Denise Diwisch & Peter Voithofer & Christoph Weiss, 2009. "Succession and firm growth: results from a non-parametric matching approach," Small Business Economics, Springer, vol. 32(1), pages 45-56, January.
    10. Stefan Mann & Klaus Mittenzwei & Franziska Hasselmann, 2013. "The importance of succession on business growth: A case study of family farms in Switzerland and Norway," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 6(1), pages 109-137.
    11. Carillo, Felicetta & Carillo, Maria Rosaria & Venittelli, Tiziana & Zazzaro, Alberto, 2013. "Aging and succession on Italian farms," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, issue 1, March.
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    1. repec:spr:agfoec:v:7:y:2019:i:1:d:10.1186_s40100-019-0129-5 is not listed on IDEAS

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    Keywords

    Farm Management; Productivity Analysis;

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