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Provedor de dados:  AgEcon
País:  United States
Título:  Off-farm Income and Investments in Farm Assets: A Double Hurdle Approach
Autores:  Harris, James Michael
Blank, Steven C.
Erickson, Kenneth W.
Hallahan, Charles B.
Data:  2010-05-04
Ano:  2010
Palavras-chave:  Off-farm income
Farm investment
Double hurdle
Agricultural Finance
Financial Economics
D1
J2
Q12
Resumo:  The farm household structure is a complex set of inter-relationships between and among a variety of internal and external factors involving consumption, investment, and income-earning activities. In this paper we use ARMS data to explore the contribution of off-farm income to the viability of the farm business. We focus on the link between off-farm income and farm investment and whether off-farm income drives on-farm investment. The results indicate the importance of farm characteristics such as type, size, and location on the probability of investment but lead us to reject the hypothesis that off farm income is driving farm investment. Further research will be needed to further unweave some of the complex relationships involved in the farm household structure. Keywords: Farm investments, off-farm income, double hurdle
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  http://purl.umn.edu/61531
Relação:  Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
Selected Paper
11549
Formato:  18
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