Investigating the Impact of Farm Characteristics, Socioeconomic Characteristics and of the Single Farm Payment on the Viability of Farms: The Case of Greece

Michael Vassalos, Pavlos Karanikolas and Yingbo Li

No 205423, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: This study utilized a Bayesian ordered probit formulation and ten years (2001-2010) of farm level data, obtained from the Farm Accountancy Network, to identify factors that influence the economic viability of farms in Greece. The findings indicate that decoupled payments increase the probability of farms being classified as economically viable. Moreover, the results highlight that a transition towards horticulture and livestock production will increase the probability that farms are classified as viable. Lastly, non-viability is directly related to the age of the farm manager.

Keywords: Agribusiness; Farm Management (search for similar items in EconPapers)
Pages: 22
Date: 2015-05-26
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:205423

DOI: 10.22004/ag.econ.205423

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