Off-farm investment of farm households: A logit analysis

Ashok K. Mishra, Mitchell J. Morehart

Research output: Contribution to journalReview article

22 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)88-101
Number of pages14
JournalAgricultural Finance Review
Volume61
Issue number1
DOIs
StatePublished - May 5 2001
Externally publishedYes

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Keywords

  • Farm household
  • Logit analysis
  • Off-farm investment

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)

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