This investigation considers factors affecting off-farm investment of farm households. A national farm-level survey was used to evaluate the effects of various farm and operator characteristics on the likelihood of off-farm investment. Results suggest differences in level of education, age of the operator, off-farm income, household net worth, leverage, farm size, farm diversification, management skills, and location influence off-farm investment decisions.
- Farm household
- Logit analysis
- Off-farm investment
ASJC Scopus subject areas
- Agricultural and Biological Sciences (miscellaneous)
- Economics, Econometrics and Finance (miscellaneous)