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Agricultural Profits and Farm Household Wealth: A Farm-level and Cross-sectional Analysis

Steven Blank (), Kenneth W. Erickson, Richard Nehring and Charles Hallahan

No 271503, 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. Farmland has out-performed nonfarm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income.

Keywords: Agricultural and Food Policy; Consumer/Household Economics (search for similar items in EconPapers)
Pages: 24
Date: 2006-07-23
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Working Paper: Agricultural Profits and Farm Household Wealth: A Farm-level and Cross-sectional Analysis (2006) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea06:271503

DOI: 10.22004/ag.econ.271503

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