The Influence of diversification on short-term and long-term viability in the Scottish and Swedish agricultural sector

dc.creatorBarnes, Andrew P
dc.creatorHansson, Helena H.
dc.creatorManevska-Tasevska, Gordana
dc.creatorShrestha, Shailesh
dc.creatorThomson, Steven G
dc.date2017-04-01T19:41:22Z
dc.date.accessioned2026-07-09T08:41:05Z
dc.descriptionThe 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.
dc.identifierdoi:10.22004/ag.econ.190937
dc.identifierhttps://ageconsearch.umn.edu/record/190937/files/leergworkingpaper84.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/190937
dc.identifier.urihttp://hdl.handle.net/123456789/601587
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/190937
dc.titleThe Influence of diversification on short-term and long-term viability in the Scottish and Swedish agricultural sector
dc.typeText

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