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Farm Family Characteristics and the Viability of Farm Households in Wisconsin, Mississippi, and Tennessee

Author

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  • Smale, Melinda
  • Saupe, William E.
  • Salant, Priscilla

Abstract

The authors used data from sample surveys of farm households in Wisconsin, MISSISSIPPI, and Tennessee to examine the relationship of farm household Viability to human resource, farm business, and financial characteristics Viability IS measured as the ratio of farm and nonfarm Income to consumption expenses, capital replacement costs, and principal payments Households are grouped by region, gross sales, farm type, operator off-farm employment, and farm business plans Regression results indicate that factors associated with viability differ by household group Farm size is associated positively with viability only for larger full-time farmers in MISSISSIPPI and Tennessee and for households planning to leave farming

Suggested Citation

  • Smale, Melinda & Saupe, William E. & Salant, Priscilla, 1986. "Farm Family Characteristics and the Viability of Farm Households in Wisconsin, Mississippi, and Tennessee," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 38(2), pages 1-17.
    • Handle: RePEc:ags:uersja:149313
    DOI: 10.22004/ag.econ.149313
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    Citations

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    Cited by:

    1. Josep M. Argilés, 1998. "Accounting information and the prediction of farm viability," Economics Working Papers 277, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Jacek Kulawik & Michał Soliwoda & Agnieszka Kurdyś-Kujawska & Justyna Herda-Kopańska & Cezary Klimkowski, 2023. "Cost of Energy Consumption and Return of Excise Tax on Motor Fuels vs. the Durability of Operations and Financial Sustainability in Polish Agriculture," Energies, MDPI, vol. 17(1), pages 1-22, December.
    3. Tomas Hlavsa & Jindrich Spicka & Marie Stolbova & Zuzana Hlouskova, 2020. "Statistical analysis of economic viability of farms operating in Czech areas facing natural constraints," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(5), pages 193-202.
    4. Jindrich Spicka & Tomas Hlavsa & Katerina Soukupova & Marie Stolbova, 2019. "Approaches to estimation the farm-level economic viability and sustainability in agriculture: A literature review," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 65(6), pages 289-297.
    5. Vassalos, Michael & Karanikolas, Pavlos & Li, Yingbo, 2015. "Investigating the Impact of Farm Characteristics, Socioeconomic Characteristics and of the Single Farm Payment on the Viability of Farms: The Case of Greece," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205423, Agricultural and Applied Economics Association.

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