Determinants of Poverty among U.S. Farm Households
Hisham S. El-Osta and
Mitchell J. Morehart
Journal of Agricultural and Applied Economics, 2008, vol. 40, issue 01
Abstract:
This research uses data from the 2004 Agricultural Resource Management Survey and probit regression to examine the determinants of poverty among U.S. farm households. The findings reveal, among others, the importance of a livelihood strategy that combines participation in government programs and off-farm work in lowering poverty rates. Findings also show the importance of educational attainment of the farm operator in mitigating poverty, but only when poverty is measured on a relative rather than an absolute basis. Policy recommendations are provided in the context of these findings.
Keywords: Agricultural Finance; Financial Economics; Labor and Human Capital (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:45037
DOI: 10.22004/ag.econ.45037
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