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Kan, Iddo; Kimhi, Ayal; Lerman, Zvi. |
This article examines the decision of farmers to sell part of their farm output on the market, using data from the Republic of Georgia. A two-level empirical model is used, in which endowments and resource allocation decisions determine farm output and non-farm income, and these in turn determine market participation. We found, as expected, that farm output affects market participation positively, while non-farm income affects it negatively. Landholdings have an indirect positive effect on market participation, through its positive effect on farm output. Education has a negative effect on market participation, mainly through its positive effect on non-farm income. |
Tipo: Journal Article |
Palavras-chave: Commercialization; Market participation; Farm output; Non-farm income; Resource allocation; Agricultural Finance; Farm Management. |
Ano: 2006 |
URL: http://purl.umn.edu/112608 |
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Kan, Iddo; Kimhi, Ayal; Lerman, Zvi. |
This article examines the decision of farmers to sell part of their farm output on the market, using data from the Republic of Georgia. A two-level empirical model is used, in which endowments and resource allocation decisions determine farm output and non-farm income, and these in turn determine market participation. We found, as expected, that farm output affects market participation positively, while non-farm income affects it negatively. Landholdings have an indirect positive effect on market participation, through its positive effect on farm output. Education has a negative effect on market participation, mainly through its positive effect on non-farm income. |
Tipo: Working or Discussion Paper |
Palavras-chave: Commercialization; Market participation; Farm output; Non-farm income; Resource allocation; Farm Management; O12; P23; P25. |
Ano: 2006 |
URL: http://purl.umn.edu/7179 |
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