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| Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R.. |
| The present study examines family and farm characteristics affecting the choice and the timing of intergenerational farm transfers. Using survey data which are linked to accounting data for 272 farms in Northern Germany, we use a probit approach to examine whether specific farm and family characteristics are related to the likelihood of succession within a given period. We go beyond the existing literature by applying a competing risk approach to study the process and thus the timing, respectively of the two competing events succession or exit from farming. We find that farm characteristics significantly influence succession considerations to the extent that they affect the value of the farm for the potential successor. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Intrafamily succession; Survey data; Competing risk; Farm Management; Q12; J26. |
| Ano: 2005 |
URL: http://purl.umn.edu/24699 |
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| Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R.. |
| This study examines family farms and characteristics affecting farm succession. Based on a farm survey, three aspects of succession are analysed in the paper: the probability of family succession; the likelihood of having a successor designated; and the timing of succession. Large and specialised farms are more likely to be transferred within the family and to have appointed a successor. The number of family members, as well as the experience of farm operator, is also significantly related to the succession behaviour. The probabilities of succession, and of having a successor, first increase with age and then decline again. Furthermore, timing of succession is delayed as the farm holder ages, suggesting most farm operator's succession plans to be... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/19691 |
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| Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R.. |
| This study examines family farms and characteristics affecting farm succession. Based on a farm survey, three aspects of succession are analysed in the paper: the probability of family succession; the likelihood of having a successor designated; and the timing of succession. Large and specialised farms are more likely to be transferred within the family and to have appointed a successor. The number of family members, as well as the experience of farm operator, is also significantly related to the succession behaviour. The probabilities of succession, and of having a successor, first increase with age and then decline again. Furthermore, timing of succession is delayed as the farm holder ages, suggesting most farm operators' succession plans to be... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm succession; Survey data; Econometric analysis; Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/24918 |
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| Glauben, Thomas; Tietje, Hendrik; Weiss, Christoph R.. |
| The present study examines family and farm characteristics affecting the choice and the timing of intergenerational farm transfers. Using survey data which are linked to accounting data for 272 farms in Northern Germany, we use a probit approach to examine whether specific farm and family characteristics are related to the likelihood of succession within a given period. We go beyond the existing literature by applying a competing risk approach to study the process and thus the timing, respectively of the two competing events succession or exit from farming. We find that farm characteristics significantly influence succession considerations to the extent that they affect the value of the farm for the potential successor. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2004 |
URL: http://purl.umn.edu/20067 |
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