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

Valentina Hartarska and Chi Mai

No 6861, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: 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.

Keywords: Farm Management; Q12; Q14; G11 (search for similar items in EconPapers)
Date: 2008
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