Agricultural Profits and Farm Household Wealth: A Farm-level and Cross-sectional Analysis
This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. Farmland has out-performed non-farm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income.
Year of publication: |
2006
|
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Authors: | Blank, Steven C. ; Erickson, Kenneth W. ; Nehring, Richard F. ; Hallahan, Charles B. |
Institutions: | Agricultural and Applied Economics Association - AAEA |
Keywords: | Land Economics/Use |
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