Corporate Farming: Importance, Incentives, and State Restrictions

Kenneth R. Krause

No 307953, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: The number of incorporated farms in the United States rose by 140 percent from 1969-78. Tax advantages provided the chief impetus for farmers to incorporate: corporate tax rates declined in the seventies, while individual tax rates rose, mainly because of inflation. Despite the increase in farm corporations, most farms remain sole proprietorships and most incorporated farms are family farms. Nonfamily farms accounted for only 7 percent of farm sales in 1978. Eleven States had enacted legislation as of 1981 to restrict corporate farm activities (farm operations, vertical integration, and ownership of farmland).

Keywords: Agricultural and Food Policy; Farm Management (search for similar items in EconPapers)
Pages: 72
Date: 1983-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://ageconsearch.umn.edu/record/307953/files/aer506.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307953

DOI: 10.22004/ag.econ.307953

Access Statistics for this paper

More papers in Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().