TY  - JOUR
AB  - Enterprise diversification is a self‐insuring strategy used by farmers to protect against risk. This study examines the impact of various farm, operator, and household characteristics on the level of onfarm enterprise diversification. Evidence exists that larger farms are more specialized. Also, farmers who participate in off‐farm work, farms located near urban areas, or farms with higher debt‐to‐asset ratios are less likely to be diversified. In contrast, evidence suggests there is a significant positive relationship between diversification and whether the farm business has crop insurance, is organized as a sole proprietorship, or receives any direct payments from current farm commodity programs.
VL  - 64
IS  - 2
SN  - 0002-1466
DO  - 10.1108/00214660480001160
UR  - https://doi.org/10.1108/00214660480001160
AU  - Mishra Ashok K.
AU  - El‐Osta Hisham S.
AU  - Sandretto Carmen L.
PY  - 2004
Y1  - 2004/01/01
TI  - Factors affecting farm enterprise diversification
T2  - Agricultural Finance Review
PB  - Emerald Group Publishing Limited
SP  - 151
EP  - 166
Y2  - 2024/04/24
ER  -