A Note on Farmers' Retirement and Succession Considerations: Evidence from a Household Survey
基于马里兰州家庭农场经营者的调查数据,研究发现退休决策主要由个人因素决定,继任考虑仅居次要地位,但继任考虑的重要性与农场收入占家庭总收入的比重正相关。
Retirement and succession considerations of family farm operators in Maryland are considered in this paper. Retirement decisions are found to be mainly determined by personal considerations, and only secondary importance is given to succession considerations. However, the relative importance of succession considerations is positively related to the importance of the farm enterprise relative to other income‐generating activities of the family. The conclusion is that retirement and succession decisions in family farms are not separable.