| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Changes in Debt Patterns and Financial Structure of Farm Businesses: A Double Hurdle Approach
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| Autores: |
Harris, James Michael
Dillard, John
Erickson, Kenneth W.
Hallahan, Charles B.
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| Data: |
2009-05-01
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| Ano: |
2009
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| Palavras-chave: |
Farm debt
Farm credit
Double-hurdle model
Farm businesses
Agricultural Finance
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| Resumo: |
This paper uses a double hurdle model to help explain one aspect of the changing capital structure of U.S. production agriculture--the increase in the number of debt free farms. Our findings suggest that nonfinancial factors, such as operator age, region, risk aversion, and financial factors such as debt service ability and the cost of capital play significant roles in distinguishing borrowers from non borrowers.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/49402
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| Relação: |
Agricultural and Applied Economics Association>2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin
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