[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/ags/joaaec/43477.html
   My bibliography  Save this article

Rates of Return in the Farm and Nonfarm Sectors: How Do They Compare?

Author

Listed:
  • Erickson, Kenneth W.
  • Moss, Charles B.
  • Mishra, Ashok K.
Abstract
This study examines the return on agricultural assets relative to nonfinancial corporate assets in the general economy using aggregate bureau of Economic Analysis data. Our results indicate that the rate of return on nonfarm assets dominates the rate of return on agricultural assets. The average rate of return on nonfarm assets is higher than the average rate of return on farm assets, and the variance of the rate of return on nonfarm assets is lower than the variance of the rate of return on farm assets. Furthermore, the rate of return on agricultural assets only exceeds the rate of return in the nonfarm sector in 1992.

Suggested Citation

  • Erickson, Kenneth W. & Moss, Charles B. & Mishra, Ashok K., 2004. "Rates of Return in the Farm and Nonfarm Sectors: How Do They Compare?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(3), pages 1-7, December.
    • Handle: RePEc:ags:joaaec:43477
    DOI: 10.22004/ag.econ.43477
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/43477/files/Erickson%20JAAE%20December%202004.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.43477?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Peter J. Barry & Lindon J. Robison, 1986. "Economic versus Accounting Rates of Return for Farm Land," Land Economics, University of Wisconsin Press, vol. 62(4), pages 388-401.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tanaka, John A. & Torell, L. Allen & Rimbey, Neil R., 2005. "Who Are Public Land Ranchers and Why Are They Out There?," Western Economics Forum, Western Agricultural Economics Association, vol. 4(2), pages 1-7.
    2. Prager, Daniel & Tulman, Sarah & Durst, Ron, 2017. "How do tax loss benefits and asset appreciation affect the returns to farming for U.S. farm households?," 2018 Allied Social Sciences Association (ASSA) Annual Meeting, January 5-7, 2018, Philadelphia, Pennsylvania 266304, Agricultural and Applied Economics Association.
    3. Fabienne Femenia & Alexandre Gohin & Alain Carpentier, 2010. "The Decoupling of Farm Programs: Revisiting the Wealth Effect," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(3), pages 836-848.
    4. Burja Vasile & Alina Voiculescu, 2014. "Qualitative Aspects Of Performance Evaluation Using The Example Of Romanian Economy Sectors," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 178-184, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roderick M. Rejesus & Cesar L. Escalante & Ashley C. Lovell, 2005. "Share Tenancy, Ownership Structure, and Prevented Planting Claims in Crop Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(1), pages 180-193.
    2. Escalante, Cesar L. & Barry, Peter J., 2003. "Farmland Leasing Decisions and Successful Debt Repayment Strategies," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2003, pages 1-10.
    3. Gertel, Karl, 1988. "Farmland Prices: An Example Of Economic Forecasts, Uses, And Limitations," Staff Reports 278051, United States Department of Agriculture, Economic Research Service.
    4. Rejesus, Roderick M. & Escalante, Cesar L. & Cross, Mike H., 2003. "Opportunity Costs, Share Leasing, And Prevented Planting Claims In Crop Insurance," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35017, Southern Agricultural Economics Association.
    5. Olsen, Jakob Vesterlund & Pederson, Michael Friis, 2011. "An Empirical Analysis of Access to Finance for Danish Farms: Understanding Investment and the Absence of Risk Management," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114591, European Association of Agricultural Economists.

    More about this item

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:43477. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.