Financing Constraints and the Family Farm: How do Families React?

This paper explores the idea that off-farm income is used for investment in farm assets. Using Alabama farm data for the 1997-2004 period, we find that farm investment is more sensitive to off-farm than to on-farm income, and that this sensitivity is stronger for farms with sales less than $250,000.

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Year of publication:	2008
Authors:	Hartarska, Valentina M. ; Mai, Chi
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Farm Management

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Extent:	application/pdf
Series:	2008 Annual Meeting, February 2-6, 2008, Dallas, Texas.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas Number 6861
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005503442