This paper investigates the relationship between farm exits and various farm, family, and regional characteristics during the period of 1991 to 1999. Using county-level data for 326 regions in western Germany, econometric cross section estimations indicate that exits from farming are strongly...

Während in der bisherigen Literatur zur Hofnachfolge einzelbetriebliche Daten analysiert werden, werden in dieser Untersuchung auf Kreisebene aggregierte Zensusdaten verwandt, womit der Einfluss der Struktur des landwirtschaftlichen Sektors und außerlandwirtschaftlicher Faktoren in einer...

This paper analyses the flexibility decision of firms. In particular we (a) ask whether the flexibility choice is influenced by market structure (concentration, market growth, ...), (b) compare the firms' actual choices with welfare maximising flexibility decisions (c) investigate the...