Aleksandrova, Olha; Azadi, Hossein; Värnik, Rando; … - In: German Journal of Agricultural Economics (GJAE) 73 (2024) 3, pp. 1-26
farmers and decrease their incentives to produce, invest, and innovate. This article provides a comprehensive analysis of the … indebted farms. After controlling for various farm characteristics, we find that income becomes more stable as farmers age …, while income volatility associated with agricultural production is positively linked to rising land prices. …