Farm Characteristics and Business Risk in Production Agriculture

Bryan Schurle and Mike Tholstrup

Review of Agricultural Economics, 1989, vol. 11, issue 2, 183-188

Abstract: This article uses historical farm level data to investigate relationships between business risk and farm characteristics. Farm characteristics examined are the enterprise mix, farm size, location of the farm, age of the operator, financial obligation of the farm, machinery investment, government program payments and a measure of returns to the operation. Many of these variables are significantly related to business risk, which suggests several possibilities for future research.

Date: 1989
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