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Effects of Differing Farm Policies on Farm Structure and Dynamics
Author(s) -
Ahearn Mary Clare,
Yee Jet,
Korb Penni
Publication year - 2005
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.1111/j.1467-8276.2005.00805.x
Subject(s) - session (web analytics) , citation , service (business) , principal (computer security) , dynamics (music) , library science , sociology , economics , economy , business , computer science , advertising , pedagogy , operating system
The U.S. farm sector is characterized by a great deal of heterogeneity. One reason for the heterogeneity in farm sizes is the multiple objectives of producers, which in addition to profit‐making, include a high‐quality rural lifestyle. The traditional aggregate indicators capture the heterogeneity, but relatively is knowing about the changing dynamics of the U.S. farm sector. This chapter explores the dynamics of agriculture by considering exit, entry, and volatility using farm‐level data from 1978 to 1997 and the mobility of surviving farms during this period.