DECOMPOSITION OF VARIABILITY IN ASSETS AND DEBT OF FARM HOUSEHOLDS IN THE U.S.

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The study measures how much of the variability in farm household assets and debt are attributed to the variability in farm and non-farm assets and farm and non-farm debt. Using a normalized variance decomposition approach and data from the Agricultural Resource Management Study (ARMS) survey, results show that origin of assets and debt variability differs with farm size and location of the farm household.

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