Capital Structure in Modern American Agriculture: Evidence from a National Survey

Charles Moss, Ashok Mishra () and Hiroki Uematsu

No 124727, 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association

Abstract: Factors affecting the level of farm and household debt have been of sporadic concern in agricultural economic literature. In the Mid 1980s, farm business and household debt was hypothesized to contribute to the farm financial crisis. This paper examines factors affecting the probability of farm business and household debt and the level of that debt. The results indicate that farm debt is a decreasing function of operator age, importance of government payments, and significance of cash grain crops, but an increasing function of the size of the farm firm.

Keywords: Agricultural Finance; Consumer/Household Economics (search for similar items in EconPapers)
Pages: 22
Date: 2012-06
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/124727/files/Moss%20AAEA%20Paper%202012.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea12:124727

DOI: 10.22004/ag.econ.124727

Access Statistics for this paper

More papers in 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().