Are Farmer Bankruptcies A Good Indicator of Rural Financial Stress?

Jerome M. Stam

No 33675, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Farmer bankruptcies often are viewed as an important measure of rural economic well-being and of the success or failure of various Federal agricultural and rural policies. But the level of farmer bankruptcies is not a good indicator of rural financial health. Bankruptcies are only a subset of all farm business exits and a lagging indicator of economic stress. They do not reflect overall economic conditions in most rural areas because farming is a relatively small part of rural economic activity.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Pages: 4
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:33675

DOI: 10.22004/ag.econ.33675

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