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Succession Decisions in Family Farms and Public Policies in Developed Countries

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Abstract

This paper presents a review of the literature on family farm succession in developed countries. It starts with a presentation of the different, and conflicting, theoretical models of succession, then analyzes the empirical work on the determinants of family succession, of its timing, and on the effects of succession on farm performances. The policies affecting family farm succession are presented, with an emphasis on inheritance rules and on agricultural policies.

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  • Corsi, Alessandro, 2016. "Succession Decisions in Family Farms and Public Policies in Developed Countries," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201615, University of Turin.
    • Handle: RePEc:uto:dipeco:201615
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    1. Baker, Matthew & Miceli, Thomas J., 2005. "Land inheritance rules: theory and cross-cultural analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 56(1), pages 77-102, January.
    2. Bernheim, B Douglas & Shleifer, Andrei & Summers, Lawrence H, 1986. "The Strategic Bequest Motive," Journal of Labor Economics, University of Chicago Press, vol. 4(3), pages 151-182, July.
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