Movers and Stayers in the Farming Sector: Another Look at Heterogeneity in Structural Change
| dc.creator | Saint-Cyr, Legrand D. F. | |
| dc.creator | Piet, Laurent | |
| dc.date | 2017-04-01T19:22:52Z | |
| dc.date.accessioned | 2026-07-09T08:21:27Z | |
| dc.description | The Markov chain model (MCM) has become a popular tool in the agricultural economics literature to study the impact of various drivers on the structural change of farms, including public support. In order to relax the process-homogeneity assumption underlying the MCM, we consider a mixture of two types of agents, the ‘stayers’ who always remain in their initial size category, and the ‘movers’ who follow a first-order Markovian process. An empirical application to a panel of commercial French farms over 2000-2012 shows that the mover-stayer model (MSM) is a better modeling framework to recover the underlying transition probability matrix. | |
| dc.identifier | doi:10.22004/ag.econ.183068 | |
| dc.identifier | https://ageconsearch.umn.edu/record/183068/files/Saint-Cyr-Movers_and_stayers_in_the_farming_sector-324_a.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/183068 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/598221 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/183068 | |
| dc.title | Movers and Stayers in the Farming Sector: Another Look at Heterogeneity in Structural Change | |
| dc.type | Text |