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Registros recuperados: 6
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Timing of the Early Retirement Decisions of Farming Couples 31
Vare, Minna.
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...
Tipo: Conference Paper or Presentation Palavras-chave: Duration; Early retirement; Farming couple; Farm transfer; Succession; Farm Management.
Ano: 2005 URL: http://purl.umn.edu/24412
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Spousal Effect and Timing of Farmers' Early Retirement Decisions 31
Vare, Minna.
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...
Tipo: Conference Paper or Presentation Palavras-chave: Duration; Early retirement; Farming couple; Succession; Farm Management; Labor and Human Capital; J26; Q12; C41.
Ano: 2005 URL: http://purl.umn.edu/24696
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The consolidation phase: Survival strategies of farmers stabilizing and developing their businesses 31
Rantamaki-Lahtinen, Leena; Vare, Minna.
In earlier studies, past succession is found to contribute positively to the farm growth. However, there is lack of information on how are the farms succeeding after the starting phase. In this study, it is analysed how farmers that have recently started their farm enterprise differ from more experienced farmers in some key farm management areas such as farm and farmer characteristics, strategic objectives and development plans. The data were collected by postal survey from Salo region in South-Western Finland. In the study, farmers are divided in to three different groups according to the farmer’s age and experience. According to the results, early phase farmers are in certain areas better equipped than older generations. They have better education and...
Tipo: Conference Paper or Presentation Palavras-chave: Farm management; Multivariate data analysis; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/116096
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Farmers' Exit Decisions and Early Retirement Programs in Finland 31
Pietola, Kyosti; Vare, Minna; Oude Lansink, Alfons G.J.M..
This paper estimates farmer decisions between three discrete occupational choices: exit and close down the farming operation (1), exit and transfer the farm to a new entrant (2), or continue farming and retain the option to exit later on (3). The farmer optimisation problem is formulated as a recursive optimal stopping problem. The unknown parameters are first estimated by a switching-type, reduced form Probit models and, then by the Simulated maximum likelihood (SML) method, controlling for serial correlation in the errors. Serial correlation in the errors is controlled for by the Geweke-Hajivassiliou-Keane (GHK) simulation technique. The results suggest that the timing and the type of farmer exit decisions respond elastically to farmer characteristics,...
Tipo: Conference Paper or Presentation Palavras-chave: Exit; Entry; Dynamic programming; Switching-type Probit; Simulated Maximum Likelihood; Labor and Human Capital.
Ano: 2002 URL: http://purl.umn.edu/24825
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Total Incomes of Farm Families in Finland 31
Puurunen, Maija; Vare, Minna.
In 1995 Finland joined to the European Union as the northernmost country. The membership in the EU caused significant changes in the Finnish agricultural sector. The whole food production chain had to face a new competitive situation. Changes concerning the abolition of border controls and decrease in the producer prices had a great influence on the livelihood of the farming population. The number of farms engaged in agricultural production has fallen rapidly in the last decade, and the average farm size is increasing. Both of these trends are expected to continue. Income development of farmers and profitability of agriculture are most critical issues in the adjustment process of agriculture, and some results of the recent studies on income development and...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2002 URL: http://purl.umn.edu/15730
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Should One Trust a Farmer's Succession Plan? Empirical Evidence on the Intention-Behaviour Discrepancy from Finland 31
Vare, Minna; Weiss, Christoph R.; Pietola, Kyosti.
This study examines and compares farmers' succession plans and actual succession behaviour and finds that the farm operator's age and regional variables influence both. We also find a discrepancy between intention and actual behaviour which is significantly related to the farm operator's age. Whereas the likelihood of planned succession is overestimated significantly for younger farm operators, the opposite is observed once the farm operator's age exceeds 65 years. Therefore, stated plans have only a negligible value in predicting the observed behaviour and farm operator's statements on the timing of succession may not provide enough information on the grounds of designing structural policies in agriculture.
Tipo: Conference Paper or Presentation Palavras-chave: Family farm succession; Intention-behaviour discrepancy; Econometric analysis; Finland; Farm Management; D92; J26; Q12.
Ano: 2005 URL: http://purl.umn.edu/24622
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