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

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  • Richardson, James W.
  • Lemieux, Catharine M.
  • Nixon, Clair J.

Abstract

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.

Suggested Citation

  • Richardson, James W. & Lemieux, Catharine M. & Nixon, Clair J., 1983. "Entry into Farming: The Effects of Leasing and Leverage on Firm Survival," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 139-145, December.
    • Handle: RePEc:cup:jagaec:v:15:y:1983:i:02:p:139-145_01
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    References listed on IDEAS

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    1. Richardson, James W. & Nixon, Clair J., 1982. "Producer'S Preference For A Cotton Farmer Owned Reserve: An Application Of Simulation And Stochastic Dominance," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(1), pages 1-10, July.
    2. LaDue, Eddy L., 1979. "Economic Evaluation of an Equipment Lease Program," EB Series 184736, Cornell University, Department of Applied Economics and Management.
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    Cited by:

    1. Miller, Thomas A. & Stucker, Thomas A. & Smith, Matthew G. & Krause, Kenneth R. & Harrington, David H., 1985. "The Changing Financial Structure of the U.S. Farm Sector," Working Papers 113074, Colorado State University, Department of Agricultural and Resource Economics.
    2. Leatham, David J. & McCarl, Bruce A. & Richardson, James W., 1987. "Implications Of Crop Insurance For Farmers And Lenders," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(2), pages 1-8, December.
    3. Jack, Kevin E. & Knoblauch, Wayne A. & Novakovic, Andrew M., 1992. "Characteristics and Performance of New York Dairy Farms," Research Bulletins 123084, Cornell University, Department of Applied Economics and Management.
    4. Massey, Raymond E. & Williams, Joseph E., 1991. "Swine Breeding Systems: A Stochastic Evaluation With Implications For Emerging Technology," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(1), pages 1-9, July.
    5. Leathan, David J. & Richardson, James W. & McCarl, Bruce A., 1986. "The Crop Insurance Decision: Lenders And Producers Preferences," 1986 Annual Meeting, July 27-30, Reno, Nevada 278115, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Johnson, James William, 1985. "Land prices: changes and variability: the effect on Iowa grain farms," ISU General Staff Papers 1985010108000017533, Iowa State University, Department of Economics.
    7. Clarke, Neville & Bizimana, Jean-Claude & Dile, Yihun & Worqlul, Abeyou & Osorio, Javier & Herbst, Brian & Richardson, James W. & Srinivasan, Raghavan & Gerik, Thomas J. & Williams, Jimmy & Jones, Cha, 2017. "Evaluation of new farming technologies in Ethiopia using the Integrated Decision Support System (IDSS)," Agricultural Water Management, Elsevier, vol. 180(PB), pages 267-279.
    8. Reid, Donald W. & Tew, Bernard V. & Aho, Paul W., 1987. "Opportunities For Leasing In The Broiler Industry," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269974, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Serletis, William S., 1987. "Farm Equipment Leasing: A New Financial Strategy," Staff Reports 277937, United States Department of Agriculture, Economic Research Service.
    10. Richardson, James W. & Outlaw, Joe L., 2017. "Npr - The Role Of U. S. Safety Net Programs In Incentivizing Farm Growth: A Simulation Approach," 21st Congress, Edinburgh, Scotland, July 2-7, 2017 345821, International Farm Management Association.

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    4. Knutson, Ronald D. & Smith, Edward G. & Anderson, David P. & Richardson, James W., 1998. "Southern Farmers' Exposure To Income Risk Under The 1996 Farm Bill," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 30(1), pages 1-12, July.
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