Involuntary Exits from Farming: Evidence from Four Studies

Susan E. Bentley and Et Al. (+10)

No 308083, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: In this report… The consequences of leaving farming because of financial problems varied, according to case studies of farm exit in southwestern Wisconsin, Texas, North Dakota, and Dodge County, Georgia, in the early 1980's. On average, farmers who were forced out under financial stress had significantly higher household incomes after exit than those earned from farming. Many former farm operators still own their farmland, although remaining debt loads and tax liabilities are sobering. Nearly all found other jobs and most remained in their home counties. Farm loss was spread broadly among diverse sizes and types of farms in the four studies.

Keywords: Consumer/Household Economics; Farm Management; Financial Economics; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 15
Date: 1989-11
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:308083

DOI: 10.22004/ag.econ.308083

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