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A farming household's decision to continue producing agricultural commodities within the United States is influenced by a multitude of factors. Thus, this study seeks to examine whether the outstanding student loan balance of any member within a farming household may explain why the total number of acres devoted to the production of agriculture in the United States continues to decline. Panel data from the 2007–2009 Survey of Consumer Finances are analyzed via a fixed effect model to estimate the effect of outstanding student loan balances on farmland acreage owned, controlling for other factors like farm income, debt, and land prices. The results suggest that for each additional dollar of outstanding student loan debt, there is an associated decrease of 0.0064 acres in total farmland ownership. This suggests that student loan debt may also be a factor in the decline in real estate devoted to agriculture production. The estimated effect is both economically and statistically significant. This study contributes to the literature on the risks and constraints associated with farming households that own or seek to procure additional acres of agricultural producing real estate. [ABSTRACT FROM AUTHOR]

This study focuses on the relationship between mixed religions and family donations in China as the object of analysis, where individual donations are primarily in the form of family contributions. Although there is considerable research on the relationship between religion and individual donations, the academic community has yet to clarify the connection between mixed religions and family donations. Based on the large-scale survey data from the 2020 China Family Panel Studies, this study employs econometric models such as probit and tobit models to examine the relationship. To mitigate endogeneity and enhance the robustness of the conclusions, this research also conducts instrumental variable analysis and robustness analysis. The study finds that the influence of mixed religions on family donations is greater than that of non-mixed religions, but this influence is more pronounced in families with higher donation levels. Heterogeneity analysis reveals that mixed religions have a greater impact on donations in families headed by individuals aged 41–59, females, those with no religious affiliation, residents of urban areas, and families in the western and northeastern regions. Furthermore, the impact of mixed religions on family donations is higher only when there is a combination of one or three religions. Additional analysis indicates that households with lower educational attainment, non-Party members, individuals suffering from illnesses, and unmarried females are more likely to choose mixed religions. [ABSTRACT FROM AUTHOR]