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OFF-FARM WORK PARTICIPATION, OFF-FARM LABOR SUPPLY AND ON-FARM LABOR DEMAND OF U.S. FARM OPERATORS AgEcon
Huffman, Wallace E.; El-Osta, Hisham S..
An agricultural household model provides the framework for modeling off-farm work participation and off-farm and on-farm work decisions of farm operators. The empirical results are obtained from fitting the econometric model to data from a large national survey. In the estimated structural off-farm work participation equation, the operator's off-farm wage offer has a strong positive effect and other household income has a negative effect on the probability of off-farm work. For farm operators who participate in off-farm work, the wage elasticity of their off-farm labor supply is positive but of their on-farm labor demand is zero. The income elasticity of off-farm work for those who participate in off-farm work and of on-farm work for those who...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural household model; Farm operator; Off-farm work; On-farm work; Off-farm wage; Time allocation; Farm family labor; Farm Management; Labor and Human Capital.
Ano: 1997 URL: http://purl.umn.edu/18280
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