Farm Household Wealth: Where Does it Come From?
Blank, Steven C., Kenneth W. Erickson, Richard Nehring, and Charles Hallahan
This article examines the relationship between agricultural profits and farm household wealth across locations
and farm sizes in U.S. agriculture. Farmland has out-performed non-farm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income.
farm, wealth, investment, profit, farm size,
Blank, Steven C., Kenneth W. Erickson, Richard Nehring, and Charles Hallahan. 2006. "Farm Household Wealth: Where Does it Come From?" ARE Update 9(6): 5-8. University of California Giannini Foundation of Agricultural Economics.