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英文文献：Succession In Family Farm Business: Empirical Evidence From The U.S. Farm Sector-家族农场企业的继承:来自美国农业部门的经验证据
英文文献作者：Mishra, Ashok K.,El-Osta, Hisham S.,Johnson, James D.
英文文献摘要：
Survival of many family farms is dependent on successful intergenerational transfer. Given the importance of succession in the farm sector, the purpose of this paper is to examine factors that are likely to influence succession decisions on U.S. farms. The paper uses 2001 ARMS data and a multinomial Logit (MNL) regression to estimate family succession, non-family succession, and farm exit decisions of farm households in the U.S. Model choice and specification issues are discussed. Results indicate that operator's education, household wealth, growth in farm size, and farm debt are important factors that determine succession decisions. Additionally, farm specialization is taken into consideration when farm operators make their succession plans.
许多家庭农场的生存依赖于成功的代际转移。考虑到农业部门继任的重要性，本文的目的是研究可能影响美国农场继任决策的因素。本文利用2001年ARMS数据和多项Logit (MNL)回归估计了美国农户的家族继承、非家族继承和农场退出决策。结果表明，经营者的受教育程度、家庭财富、农场规模增长和农场债务是决定继承决策的重要因素。此外，农场经营者在制定继任计划时也要考虑到农场的专业化。
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