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Are Farmer Bankruptcies A Good Indicator of Rural Financial Stress?

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  • Stam, Jerome M.

Abstract

Farmer bankruptcies often are viewed as an important measure of rural economic well-being and of the success or failure of various Federal agricultural and rural policies. But the level of farmer bankruptcies is not a good indicator of rural financial health. Bankruptcies are only a subset of all farm business exits and a lagging indicator of economic stress. They do not reflect overall economic conditions in most rural areas because farming is a relatively small part of rural economic activity.

Suggested Citation

  • Stam, Jerome M., 1996. "Are Farmer Bankruptcies A Good Indicator of Rural Financial Stress?," Agricultural Information Bulletins 33675, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uersab:33675
    DOI: 10.22004/ag.econ.33675
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    File URL: https://ageconsearch.umn.edu/record/33675/files/ai967246.pdf
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    Cited by:

    1. Stam, Jerome M. & Dixon, Bruce L., 2004. "Farmer Bankruptcies And Farm Exits In The United States, 1899-2002," Agricultural Information Bulletins 33689, United States Department of Agriculture, Economic Research Service.
    2. Goldsmith, Peter D. & Kane, Samuel, 2002. "The Farm Business Environment and New Generation Cooperatives as an Innovation Strategy," 2002 Annual Meeting, November 13 31826, NCERA-194 Research on Cooperatives.

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    Keywords

    Agricultural Finance;

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