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Succession in agricultural households: A probit and a competing risk analysis

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  • Glauben, Thomas
  • Tietje, Hendrik
  • Weiss, Christoph R.

Abstract

The present study examines family and farm characteristics affecting the choice and the timing of intergenerational farm transfers. Using survey data which are linked to accounting data for 272 farms in Northern Germany, we use a probit approach to examine whether specific farm and family characteristics are related to the likelihood of succession within a given period. We go beyond the existing literature by applying a competing risk approach to study the process and thus the timing, respectively of the two competing events - succession or exit from farming. We find that farm characteristics significantly influence succession considerations to the extent that they affect the value of the farm for the potential successor.

Suggested Citation

  • Glauben, Thomas & Tietje, Hendrik & Weiss, Christoph R., 2004. "Succession in agricultural households: A probit and a competing risk analysis," FE Working Papers 0406, Christian-Albrechts-University of Kiel, Department of Food Economics and Consumption Studies.
  • Handle: RePEc:zbw:caufew:0406
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    References listed on IDEAS

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    1. Maria Dolores Montoya Diaz, 1999. "Extended stay at university: an application of multinomial logit and duration models," Applied Economics, Taylor & Francis Journals, vol. 31(11), pages 1411-1422.
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    Cited by:

    1. Boštjan KERBLER, 2012. "Factors affecting farm succession: the case of Slovenia," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 58(6), pages 285-298.

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    1. Glauben, Thomas & Tietje, Hendrik & Weiss, Christoph R., 2005. "Analysing Family Farm Succession: A Probit and a Competing Risk Approach," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24699, European Association of Agricultural Economists.
    2. Maria Dolores Montoya Diaz, 2007. "Efetividade no Ensino Superior Brasileiro:Aplicação de Modelos Multinível À Análise dos Resultados do Exame Nacional de Cursos," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 8(1), pages 93-120.
    3. Glauben, Thomas & Tietje, Hendrik & Weiss, Christoph R., 2004. "Sussession In Agriculture: A Probit And Competing Risk Analysis," 2004 Annual meeting, August 1-4, Denver, CO 20067, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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