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Entry into Farming: The Effects of Leasing and Leverage on Firm Survival

Published online by Cambridge University Press:  28 April 2015

James W. Richardson ,
Catharine M. Lemieux  and
Clair J. Nixon
James W. Richardson
Affiliation:
Agricultural and Food Policy Center
Catharine M. Lemieux
Affiliation:
Economic Research Service, U. S. Department of Agriculture
Clair J. Nixon
Affiliation:
Accounting Department atTexas A&M University
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Extract

The 1979 Farm Finance Survey revealed that 42 percent of all farmers are over 55 years of age and these farmers control 48 percent of all farm assets. This implies that the ownership of about one-half of all farmland will be transferred in the next three decades.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 15 , Issue 2 , December 1983 , pp. 139 - 145
Copyright
Copyright © Southern Agricultural Economics Association 1983

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