An Error-Components Three-Stage Least-Squares Model of Investment Allocation by Farm Households

This paper is an assessment of patterns of investment by farm households via an econometric model adapted from a land allocation approach of Holt (1999). This analysis will shed light on the importance of different classes of assets to farm household well-being, and show the reaction of farm households to a variety of market, international and government effects.

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Year of publication:	2005
Authors:	Davies, Stephen P. ; Erickson, Kenneth W. ; Vickner, Steven S. ; Hoag, Dana L. ; Nehring, Richard F.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Farm Management

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Extent:	application/pdf
Series:	2005 Annual meeting, July 24-27, Providence, RI.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2005 Annual meeting, July 24-27, Providence, RI Number 19249
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005327319