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Entry into Farming: The Effects of Leasing and Leverage on Firm Survival

James Richardson (), Catharine M. Lemieux and Clair J. Nixon

Journal of Agricultural and Applied Economics, 1983, vol. 15, issue 2, 139-145

Abstract: The 1979 Farm Finance Survey revealed that 42 percent of all farmers are over 55 years of age and these farmers control 48 percent of all farm assets. This implies that the ownership of about one-half of all farmland will be transferred in the next three decades.

Date: 1983
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