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Registro completo
Provedor de dados:  AgEcon
País:  United States
Título:  OFF-FARM INCOME, TECHNOLOGY ADOPTION, AND FARM ECONOMIC PERFORMANCE
Autores:  Fernandez-Cornejo, Jorge
Mishra, Ashok K.
Nehring, Richard F.
Hendricks, Chad
Southern, Malaya
Gregory, Alexandra
Data:  2008-02-27
Ano:  2007
Palavras-chave:  Off-farm income
Farm households
Economic performance
Managerial time
Scale economies
Scope economies
Technical efficiency
Technology adoption
Farm size
Agricultural Finance
Farm Management
Resumo:  The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe the outcomes of such decisions, such as onfarm and off-farm income. This report finds that a farm operator’s off-farm employment and off-farm income vary inversely with the size of the farm. Operators of smaller farm operations improve their economic performance by compensating for the scale disadvantages of their farm business with more off-farm involvement. Off-farm work reduces farm-level technical efficiency, but increases household-level technical efficiency. And adoption of agricultural innovations that save managerial time is associated with higher off-farm income.
Tipo:  Report
Idioma:  Inglês
Identificador:  25995

http://purl.umn.edu/7234
Relação:  United States Department of Agriculture>Economic Research Service>Economic Research Report
Economic Research Report
36
Formato:  53
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