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dc.contributor.advisorHartarska, Valentina
dc.contributor.advisorTraxler, Gregen_US
dc.contributor.advisorDuffy, Patriciaen_US
dc.contributor.authorMai, Chien_US
dc.date.accessioned2008-09-09T21:21:42Z
dc.date.available2008-09-09T21:21:42Z
dc.date.issued2006-12-15en_US
dc.identifier.urihttp://hdl.handle.net/10415/694
dc.description.abstractThis thesis examines the effect of availability of internal finance, net farm income, and net off-farm household income on farm investment. It presents a detailed review of previous studies, develops and estimates an empirical model of farm investment using annual data from the Alabama Farm Analysis Database. The results show that the effect of internal finance on farm investment is positive and statistically significant for the whole sample. Net farm income also has a positive and significant effect on farm investment. Moreover, the results indicate that the more income farm households earned from off-farm business, the more likely they were to invest it in the farm business. Finally, farm investment of financially constrained farms was more sensitive to the availability of internal finance than that of financially unconstrained farms. Internal finance has a significantly stronger effect on investment among smaller farms than among larger farms.en_US
dc.language.isoen_USen_US
dc.subjectAgricultural Economics and Rural Sociologyen_US
dc.titleFarm Investment and Off-Farm Income - A Study of Farms in Alabamaen_US
dc.typeThesisen_US
dc.embargo.lengthNO_RESTRICTIONen_US
dc.embargo.statusNOT_EMBARGOEDen_US


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