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Abstract: The long-term viability of farm businesses has been a stated goal for agricultural policy in most developed and developing economies. Recent investigations have found the level and type of diversification to be a significant factor in determining viability. This paper presents an index of short term and long term viability over the period 2000-2012 across Scotland and Sweden. Transition probabilities are presented using a balanced Markov chain approach. We find stability in both viable and non-viable farms over time, irrespective of policy and market change. A multinomial logistic regression finds the influence agaricultural diversification on determining higher levels of viability at the farm level.

Publicerad i

Titel: Agri-food and rural innovations for healthier societies : 14th Congress of European Association of Agricultural Economists - EAAE 2014, Ljubljana, Slovenia, August 26-29, 2014
Utgivare: EAAE

Konferens

European Association of Agricultural Economists.

SLU författare

UKÄ forskningsämne

Övriga andra lantbruksrelaterade vetenskaper
Nationalekonomi

Publikationens identifierare

  • ISBN: 9789616204668

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/59849