Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply-Reference-Cited by-同舟云学术

Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply

Published:2002-10 Issue:2 Volume:31 Page:187-199
ISSN:1068-2805
Container-title:Agricultural and Resource Economics Review
language:en
Short-container-title:Agric. resour. econ. rev.

Author:

Mishra Ashok K.,Holthausen Duncan M.

Abstract

This study models the effects of variability in farm income and off-farm wages on farm operators' labor allocation decisions. A simple theoretical model is employed to develop hypotheses, which are then tested empirically. Variability in farm income and off-farm wages is predicted to have a positive and negative effect, respectively, on off-farm hours worked. The empirical results confirm these predictions.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agronomy and Crop Science

Reference48 articles.

1. Huffman (1973a, b, 1977b, 1980), in his seminal work on off-farm labor supply of farm operators, used county-level data from three different states (Iowa, Oklahoma, and North Carolina). He acknowledged some aggregation bias might exist, but Sexton (1975) showed this bias may not be very significant.

2. Allocative Efficiency: The Role of Human Capital

3. Ahearn M. (1986). “Financial Well-Being of Farm Operators and Their Households.” AE Report No. 563, Economic Research Service/U.S. Department of Agriculture, Washington, DC.

4. Regional Differences in the Contribution of Off-Farm Work to Income Inequality

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