Farmland Ownership and Its Impact on the Debt Servicing Capacity Among U.S. Married-Couple Farm Households
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jaclyn D. Kropp & Ani L. Katchova, 2011.
"The effects of direct payments on liquidity and repayment capacity of beginning farmers,"
Agricultural Finance Review, Emerald Group Publishing Limited, vol. 71(3), pages 347-365, November.
- Kropp, Jaclyn D. & Katchova, Ani L., 2011. "The Effects of Direct Payments on Liquidity and Repayment Capacity of Beginning Farmers," Staff Papers 164516, University of Kentucky, Department of Agricultural Economics.
- Ashok K. Mishra & Barry K. Goodwin, 1997. "Farm Income Variability and the Supply of Off-Farm Labor," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 880-887.
- repec:ags:inpuer:188846 is not listed on IDEAS
- Patrick, Kevin & Kuhns, Ryan & Borchers, Allison, 2016. "Recent Trends in U.S. Farm Income, Wealth, and Financial Health," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 31(1), pages 1-8, March.
- Mosheim, Roberto & Lovell, C.A. Knox, 2006. "Economic Efficiency, Structure and Scale Economies in the U.S. Dairy Sector," 2006 Annual meeting, July 23-26, Long Beach, CA 21440, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Lee, Sokbae, 2007.
"Endogeneity in quantile regression models: A control function approach,"
Journal of Econometrics, Elsevier, vol. 141(2), pages 1131-1158, December.
- Sokbae (Simon) Lee, 2004. "Endogeneity in quantile regression models: a control function approach," CeMMAP working papers CWP08/04, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Sokbae (Simon) Lee, 2004. "Endogeneity in quantile regression models: a control function approach," CeMMAP working papers 08/04, Institute for Fiscal Studies.
- Sokbae Lee, 2004. "Endogeneity in Quantile Regression Models: A Control Function Approach," Econometric Society 2004 North American Summer Meetings 521, Econometric Society.
- Huffman, Wallace E, 1980.
"Farm and Off-Farm Work Decisions: The Role of Human Capital,"
The Review of Economics and Statistics, MIT Press, vol. 62(1), pages 14-23, February.
- Huffman, Wallace, 1980. "Farm and Off-Farm Work Decisions: The Role of Human Capital," Staff General Research Papers Archive 10973, Iowa State University, Department of Economics.
- Charles A. Towe & Mitchell J. Morehart, 2009. "Credit Constraints: Their Existence, Determinants, and Implications for U.S. Farm and Nonfarm Sole Proprietorships," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(1), pages 275-289.
- Smith, Richard J & Blundell, Richard W, 1986.
"An Exogeneity Test for a Simultaneous Equation Tobit Model with an Application to Labor Supply,"
Econometrica, Econometric Society, vol. 54(3), pages 679-685, May.
- Richard Smith & Richard Blundell, 1983. "An Exogeneity Test for the Simultaneous Equation Tobit Model With an Application to Labour Supply," Working Paper 546, Economics Department, Queen's University.
- Terza, Joseph V. & Basu, Anirban & Rathouz, Paul J., 2008. "Two-stage residual inclusion estimation: Addressing endogeneity in health econometric modeling," Journal of Health Economics, Elsevier, vol. 27(3), pages 531-543, May.
- Ahearn, Mary C. & Perry, Janet E. & El-Osta, Hisham S., 1993. "The Economic Well-Being of Farm Operator Households, 1988-90," Agricultural Economic Reports 308266, United States Department of Agriculture, Economic Research Service.
- Alan Reichert & Raymond Posey, 2011. "Using Financial Ratios And Lender Relationship Theory To Assess Farm Creditworthiness," Accounting & Taxation, The Institute for Business and Finance Research, vol. 3(1), pages 45-56.
- Allen M. Featherstone & Laura M. Roessler & Peter J. Barry, 2006.
"Determining the Probability of Default and Risk-Rating Class for Loans in the Seventh Farm Credit District Portfolio,"
Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(1), pages 4-23.
- Allen M. Featherstone & Laura M. Roessler & Peter J. Barry, 2006. "Determining the Probability of Default and Risk-Rating Class for Loans in the Seventh Farm Credit District Portfolio," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(1), pages 4-23.
- Barrett, C. B. & Reardon, T. & Webb, P., 2001. "Nonfarm income diversification and household livelihood strategies in rural Africa: concepts, dynamics, and policy implications," Food Policy, Elsevier, vol. 26(4), pages 315-331, August.
- J. G. Tokle & Wallace E. Huffman, 1991.
"Local Economic Conditions and Wage Labor Decisions of Farm and Rural Nonfarm Couples,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 652-670.
- Tokle, J. G. & Huffman, Wallace, 1991. "Local Economic Conditions and Wage Labor Decisions of Farm and Rural Nonfarm Couples," Staff General Research Papers Archive 10988, Iowa State University, Department of Economics.
- Tokle, J. G. & Huffman, Wallace E., 1991. "Local Economic Conditions and Wage Labor Decisions of Farm and Rural Nonfarm Couples," ISU General Staff Papers 199108010700001212, Iowa State University, Department of Economics.
- Brian C. Briggeman, 2010. "Debt, income and farm financial stress," Main Street Economist, Federal Reserve Bank of Kansas City, issue 6.
- Khanal, Aditya R. & Mishra, Ashok K., 2013. "Assessing the Impact of Internet Access on Household Income and Financial Performance of Small Farms," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143019, Southern Agricultural Economics Association.
- Joseph G. Altonji & Ulrich Doraszelski, 2005.
"The Role of Permanent Income and Demographics in Black/White Differences in Wealth,"
Journal of Human Resources, University of Wisconsin Press, vol. 40(1).
- Joseph G. Altonji & Ulrich Doraszelski, 2000. "The Role of Permanent Income and Demographics in Black/White Differences in Wealth," Working Papers 850, Economic Growth Center, Yale University.
- Altonji, Joseph G. & Doraszelski, Ulrich, 2002. "The Role of Permanent Income and Demographics in Black/White Differences in Wealth," Center Discussion Papers 28493, Yale University, Economic Growth Center.
- Joseph G. Altonji & Ulrich Doraszelski, 2001. "The Role of Permanent Income and Demographics in Black/White Differences in Wealth," NBER Working Papers 8473, National Bureau of Economic Research, Inc.
- Rivers, Douglas & Vuong, Quang H., 1988. "Limited information estimators and exogeneity tests for simultaneous probit models," Journal of Econometrics, Elsevier, vol. 39(3), pages 347-366, November.
- Deaton, Angus, 1989. "Rice Prices and Income Distribution in Thailand: A Non-parametric Analysis," Economic Journal, Royal Economic Society, vol. 99(395), pages 1-37, Supplemen.
- Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
- Mark Aguiar & Erik Hurst, 2013.
"Deconstructing Life Cycle Expenditure,"
Journal of Political Economy, University of Chicago Press, vol. 121(3), pages 437-492.
- Erik Hurst & Mark Aguiar, 2008. "Deconstructing Lifecycle Expenditure," 2008 Meeting Papers 771, Society for Economic Dynamics.
- Mark Aguiar & Erik Hurst, 2008. "Deconstructing Lifecycle Expenditure," Working Papers wp173, University of Michigan, Michigan Retirement Research Center.
- Mark Aguiar & Erik Hurst, 2008. "Deconstructing Lifecycle Expenditure," NBER Working Papers 13893, National Bureau of Economic Research, Inc.
- Buchinsky, Moshe, 1994. "Changes in the U.S. Wage Structure 1963-1987: Application of Quantile Regression," Econometrica, Econometric Society, vol. 62(2), pages 405-458, March.
- Ahearn, Mary Clare, 2012. "Financial Position of Farm Operator Households," Agricultural Outlook Forum 2012 126270, United States Department of Agriculture, Agricultural Outlook Forum.
- Lee Adkins & R. Carter Hill, 2007. "Bootstrap Inferences in Heteroscedastic Sample Selection Models: A Monte Carlo Investigation," Economics Working Paper Series 0710, Oklahoma State University, Department of Economics and Legal Studies in Business.
- El-Osta, Hisham S. & Morehart, Mitchell J., 1999. "Technology Adoption Decisions In Dairy Production And The Role Of Herd Expansion," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 28(1), pages 1-12, April.
- Hertz, Thomas & Kusmin, Lorin & Marré, Alexander & Parker, Timothy, 2014. "Rural Employment Trends in Recession and Recovery," Economic Research Report 262212, United States Department of Agriculture, Economic Research Service.
- El-Osta, Hisham S. & Morehart, Mitchell J., 1999. "Technology Adoption Decisions in Dairy Production and the Role of Herd Expansion," Agricultural and Resource Economics Review, Cambridge University Press, vol. 28(1), pages 84-95, April.
- Hertz, Thomas & Kusmin, Lorin & Marré, Alexander & Parker, Timothy, 2014. "Rural Employment in Recession and Recovery," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, issue 09, pages 1-1, October.
- Gary S. Becker, 1975. "Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, Second Edition," NBER Books, National Bureau of Economic Research, Inc, number beck75-1, June.
- Ashok Mishra & Christine Wilson & Robert Williams, 2009. "Factors affecting financial performance of new and beginning farmers," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 69(2), pages 160-179, July.
- Hoppe, Robert A., 2014. "Structure and Finances of U.S. Farms: Family Farm Report, 2014 Edition," Economic Information Bulletin 262118, United States Department of Agriculture, Economic Research Service.
- M. -Y. Chen & F. -L. Lin & C. -K. Chang, 2009. "Relations between health care expenditure and income: an application of local quantile regressions," Applied Economics Letters, Taylor & Francis Journals, vol. 16(2), pages 177-181.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- El-Osta, Hisham S., 2011. "The Impact of Human Capital on Farm Operator Household Income," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 40(1), pages 1-21, April.
- Fernandez-Cornejo, Jorge & Mishra, Ashok K. & Nehring, Richard F. & Hendricks, Chad & Southern, Malaya & Gregory, Alexandra, 2007. "Off-Farm Income, Technology Adoption, And Farm Economic Performance," Economic Research Report 7234, United States Department of Agriculture, Economic Research Service.
- Fang, Hai & Ali, Mir M. & Rizzo, John A., 2009. "Does smoking affect body weight and obesity in China?," Economics & Human Biology, Elsevier, vol. 7(3), pages 334-350, December.
- Jan Fałkowski & Maciej Jakubowski & Paweł Strawiński, 2014.
"Returns from income strategies in rural Poland,"
The Economics of Transition, The European Bank for Reconstruction and Development, vol. 22(1), pages 139-178, January.
- Jan Fałkowski & Maciej Jakubowski & Paweł Strawiński, 2011. "Returns from income strategies in rural Poland," Working Papers 2011-05, Faculty of Economic Sciences, University of Warsaw.
- Fałkowski, Jan & Jakubowski, Maciej & Strawiński, Paweł, 2013. "Returns from Income Strategies in Rural Poland," Working papers 157916, Factor Markets, Centre for European Policy Studies.
- Falkowski, Jan & Jakubowski, Maciej & Strawinski, Pawel, 2011. "Returns from Income Strategies in Rural Poland," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114364, European Association of Agricultural Economists.
- Falkowski, Jan & Jakubowski, Maciej & Strawinski, Pawel, 2013. "Returns from Income Strategies in Rural Poland," Factor Markets Working Papers 178, Centre for European Policy Studies.
- Aliaksandr Amialchuk & Kateryna Bornukova & Mir M. Ali, 2018. "Will a Decline in Smoking Increase Body Weights? Evidence from Belarus," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 44(2), pages 190-210, April.
- Benali, Marwan & Brümmer, Bernhard & Afari-Sefa, Victor, 2017. "Small producer participation in export vegetable supply chains and household labour allocation in Tanzania: an age-disaggregated approach," GlobalFood Discussion Papers 257513, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
- Brian C. Briggeman, 2011. "The importance of off-farm income to servicing farm debt," Economic Review, Federal Reserve Bank of Kansas City, vol. 96(Q I).
- Pallab Ghosh & Kevin Grier & Jaeho Kim, 2021. "Heterogeneous endogeneity," Statistical Papers, Springer, vol. 62(2), pages 847-886, April.
- Peake, Whitney O. & Marshall, Maria I., 2009. "Has the "Farm Problem" Disappeared? A Comparison of Household and Self-Employment Income Levels of the Farm and Nonfarm Self-Employed," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46304, Southern Agricultural Economics Association.
- Salmon, Claire & Tanguy, Jeremy, 2016.
"Rural Electrification and Household Labor Supply: Evidence from Nigeria,"
World Development, Elsevier, vol. 82(C), pages 48-68.
- Claire Salmon & Jérémy Tanguy, 2014. "Rural Electrification and Household Labor Supply: Evidence from Nigeria," Working Papers halshs-01100275, HAL.
- Claire Salmon & Jeremy Tanguy, 2016. "Rural Electrification and Household Labor Supply: Evidence from Nigeria," Post-Print hal-01588336, HAL.
- Claire Salmon & Jeremy Tanguy, 2014. "Rural Electrification and Household Labor Supply: Evidence from Nigeria," TEPP Working Paper 2014-10, TEPP.
- Thia C. Hennessy & Tahir Rehman, 2008. "Assessing the Impact of the ‘Decoupling’ Reform of the Common Agricultural Policy on Irish Farmers’ Off‐farm Labour Market Participation Decisions," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(1), pages 41-56, February.
- Marwan Benali & Bernhard Brümmer & Victor Afari‐Sefa, 2018. "Smallholder participation in vegetable exports and age‐disaggregated labor allocation in Northern Tanzania," Agricultural Economics, International Association of Agricultural Economists, vol. 49(5), pages 549-562, September.
- Fang Hai & Miller Nolan H. & Rizzo John & Zeckhauser Richard, 2011.
"Demanding Customers: Consumerist Patients and Quality of Care,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-51, September.
- Hai Fang & Nolan H. Miller & John A. Rizzo & Richard J. Zeckhauser, 2008. "Demanding Customers: Consumerist Patients and Quality of Care," NBER Working Papers 14350, National Bureau of Economic Research, Inc.
- Fang, Hai & Miller, Nolan & Rizzo, John A. & Zeckhauser, Richard, 2008. "Demanding Customers: Consumerist Patients and Quality of Care," Working Paper Series rwp08-042, Harvard University, John F. Kennedy School of Government.
- Loughrey, Jason & Hennessy, Thia & Hanrahan, Kevin & Donnellan, Trevor & Raimondi, Valentina & Olper, Alessandro, 2013.
"Determinants of Farm Labour Use: A Comparison between Ireland and Italy,"
2013: Productivity and Its Impacts on Global Trade, June 2-4, 2013. Seville, Spain
152332, International Agricultural Trade Research Consortium.
- Loughrey, Jason & Hennessy, Thia & Hanrahan, Kevin & Donnellan, Trevor & Raimondi, Valentina & Olper, Alessandro, 2013. "Determinants of Farm Labour Use: A Comparison between Ireland and Italy," 2013: Productivity and Its Impacts on Global Trade, June 2-4, 2013. Seville, Spain 152331, International Agricultural Trade Research Consortium.
- Loughrey, Jason & Hennessy,Thia & Hanrahan, Kevin & Donnellan, Trevor & Raimondi, Valentina & Olper, Alessandro, 2013. "Determinants of Farm Labour Use: A Comparison between Ireland and Italy," Factor Markets Working Papers 172, Centre for European Policy Studies.
- Loughrey, Jason & Hennessy, Thia & Hanrahan, Kevin & Donnellan, Trevor & Raimondi, Valentina & Olper, Alessandro, 2013. "Determinants of Farm Labour Use: A Comparison between Ireland and Italy," Working papers 157119, Factor Markets, Centre for European Policy Studies.
- Andini, Corrado, 2009. "How Fast Do Wages Adjust to Human-Capital Productivity? Dynamic Panel-Data Evidence from Belgium, Denmark and Finland," IZA Discussion Papers 4583, Institute of Labor Economics (IZA).
- Joseph G. Altonji & Hidehiko Ichimura & Taisuke Otsu, 2012.
"Estimating Derivatives in Nonseparable Models With Limited Dependent Variables,"
Econometrica, Econometric Society, vol. 80(4), pages 1701-1719, July.
- Joseph G. Altonji & Hidehiko Ichimura & Taisuke Otsu, 2008. "Estimating Derivatives in Nonseparable Models with Limited Dependent Variables," Cowles Foundation Discussion Papers 1668, Cowles Foundation for Research in Economics, Yale University.
- Joseph G. Altonji & Hidehiko Ichimura & Taisuke Otsu, 2008. "Estimating Derivatives in Nonseparable Models with Limited Dependent Variables," NBER Working Papers 14161, National Bureau of Economic Research, Inc.
- Joseph G. Altonji & Hidehiko Ichimura & Taisuke Otsu, 2008. "Estimating Derivatives in Nonseparable Models with Limited Dependent Variables," Cowles Foundation Discussion Papers 1668R, Cowles Foundation for Research in Economics, Yale University, revised May 2011.
- Joseph Altonji & Hidehiko Ichimura & Taisuke Otsu, 2008. "Estimating derivatives in nonseparable models with limited dependent variables," CeMMAP working papers CWP20/08, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Joseph G. Altonji & Hidehiko Ichimura & Taisuke Otsu, 2008. "Estimating Derivatives in Nonseparable Models with Limited Dependent Variables," CIRJE F-Series CIRJE-F-574, CIRJE, Faculty of Economics, University of Tokyo.
- Donnellan, Trevor & Hennessy, Thia, 2012. "Defining a theoretical model of farm households’ labour allocation decisions," Factor Markets Working Papers 140, Centre for European Policy Studies.
- Chernozhukov, Victor & Fernández-Val, Iván & Kowalski, Amanda E., 2015.
"Quantile regression with censoring and endogeneity,"
Journal of Econometrics, Elsevier, vol. 186(1), pages 201-221.
- Victor Chernozhukov & Ivan Fernandez-Val & Amanda Kowalski, 2011. "Quantile regression with censoring and endogeneity," CeMMAP working papers CWP20/11, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Victor Chernozhukov & Iván Fernández-Val & Amanda E. Kowalski, 2011. "Quantile Regression with Censoring and Endogeneity," NBER Working Papers 16997, National Bureau of Economic Research, Inc.
- Victor Chernozhukov & Ivan Fernandez-Val & Amanda Kowalski, 2011. "Quantile Regression with Censoring and Endogeneity," Papers 1104.4580, arXiv.org, revised Mar 2014.
- Victor Chernozhukov & Ivan Fernandez-Val & Amanda Kowalski, 2011. "Quantile Regression with Censoring and Endogeneity," Cowles Foundation Discussion Papers 1797, Cowles Foundation for Research in Economics, Yale University.
- Bojnec, Stefan & Ferto, Imre, 2011.
"Impact of Off-farm Income on Farm Efficiency in Slovenia,"
2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
114258, European Association of Agricultural Economists.
- Bojnec, Stefan & Ferto, Imre, 2011. "Impact of Off-farm Income on Farm Efficiency in Slovenia," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108945, Agricultural Economics Society.
- Hisham S. El-Osta & Ashok K. Mishra & Mitchell J. Morehart, 2008.
"Off-Farm Labor Participation Decisions of Married Farm Couples and the Role of Government Payments,"
Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(2), pages 311-332.
- Hisham S. El-Osta & Ashok K. Mishra & Mitchell J. Morehart, 2008. "Off-Farm Labor Participation Decisions of Married Farm Couples and the Role of Government Payments," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(2), pages 311-332.
More about this item
Keywords
Debt repayment capacity; unemployment rate; metro area; Internet use; endogenous treatment effect model; quantile regression;All these keywords.
JEL classification:
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfa:aefjnl:v:3:y:2016:i:4:p:190-206. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Redfame publishing (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.