| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Determinants of Farm Household Income Diversification in the United States: Evidence from Farm-Level Data
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| Autores: |
Mishra, Ashok K.
Erickson, Kenneth W.
Harris, James Michael
Hallahan, Charles B.
Uematsu, Hiroki
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| Data: |
2010-05-04
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| Ano: |
2010
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| Palavras-chave: |
Tobit
Income diversification
Vertical integration
Tenure
Farm households
Agricultural Finance
Consumer/Household Economics
D1
J2
Q12
|
| Resumo: |
This study examines the determinants of income diversification of farm households in the United States. Farm households allocate their time between farm and off-farm activities to help stabilized household income (consumption). What characterizes those households who engage in off-farm activities? Is there any pattern over time? Using 1999, 2003 and 2007 farm-level data from the USDA’s Agricultural Resource Management Survey (ARMS), this study estimates intensity of off-farm income (or income diversification). The results show that older operators, full owners, and small farms have higher intensity of off-farm income in total household income. In contrast, dairy farms, vertically coordinated farms and farms located in the Southern and Pacific regions have lower intensity of off-farm income. In other words, household incomes of these farms are less likely to be diversified.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/61632
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| Relação: |
Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
Selected Paper
11394
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| Formato: |
19
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