This article investigates the effects of economic performance and neighbours’ characteristics on farmers’ exit behaviour before retirement age. Using a unique set of social security data describing all French farmers under 50 over the years 2004–2017, we explore how these effects depend on farmers’ characteristics and how they stand relative to their neighbours. Our probit estimations reveal that younger farmers and farmers operating smaller farms are more sensitive to their own and neighbours’ performance than other farmers. Allowing for an asymmetric comparison effect between farmers and their neighbours, we uncover a nonlinear influence of own and neighbours’ profit and size.

中文翻译：

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提前退出商业、业绩和邻居的影响：对法国农民的研究

本文研究了经济绩效和邻居特征对农民退休前退出行为的影响。我们使用一组独特的社会保障数据来描述 2004-2017 年间所有 50 岁以下的法国农民，探讨这些影响如何取决于农民的特征以及他们相对于邻居的地位。我们的概率估计显示，与其他农民相比，年轻农民和经营小型农场的农民对自己和邻居的表现更敏感。考虑到农民与其邻居之间的不对称比较效应，我们发现了自己和邻居的利润和规模的非线性影响。