ECONOMIC RISK AND THE STRUCTURAL CHARACTERISTICS OF FARM BUSINESSES

Abstract

Using longitudinal panel farm-level data, this study finds that income variability may be materially influenced by farm size. Econometric results suggest that policy analyses and other considerations of the distributional effects of, and response to, income variability for commercial scale family farms may concentrate on farm size and other structural variables.risk, income variability, farm size, financial structure, Farm Management, Industrial Organization,