Financial Strain and Depression Among Farm Operators: The Role of Perceived Economic Hardship and Personal Control1

Abstract The causal processes accounting for the relationship between farm financial strain and depression are not well understood. Using data from a statewide survey of North Carolina farm operators, we develop a covariance structure model that specifies relationships among farm financial strain, perceived economic hardship in the household, personal control, and depression. Analyses reveal that the relationship between farm financial strain and depression is mediated by perceptions of economic hardship and personal control. Results point to the importance of differential resilience to objective economic problems instead of differential exposure to these problems.