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Registros recuperados: 16
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Agricultural Profits and Farm Household Wealth: A Farm-level Analysis Using Repeated Cross Sections AgEcon
Blank, Steven C.; Erickson, Kenneth W.; Nehring, Richard F.; Hallahan, Charles B..
This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. A multiperiod household model is used to develop hypotheses for testing. Results indicate that farmland has out-performed nonfarm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income. The analysis implies that decision will be made based on farm household wealth factors having little to do with agriculture.
Tipo: Journal Article Palavras-chave: Farm household; Off-farm income; Production profits; Wealth; Agribusiness; Demand and Price Analysis; Farm Management; Risk and Uncertainty; Q12; Q14.
Ano: 2009 URL: http://purl.umn.edu/48749
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ENHANCING THE COMPETITIVENESS AND RISK-EFFICIENCY OF FARM ASSETS THROUGH HOLDING FARM/FINANCIAL ASSET AND OFF-FARM INCOME PORTFOLIOS AgEcon
Lagerkvist, Carl Johan; Gregory, Mark; Olson, Kent D..
This study employs a dynamic continuous time model to calculate farm and total farm/financial/off-farm investment portfolios. Data are from the Southwestern Minnesota Farm Business Management Association records. Results are derived for classes of farms sorted by farm profitability. It is shown that this categorization of farm assets has a significant impact on the portfolio results as well as on the degree of competitiveness of the farm asset in relation to financial assets. The impact of off-farm income to portfolio selection is modest but found to differ across farm types.
Tipo: Conference Paper or Presentation Palavras-chave: Portfolio selection; Agricultural Finance; Off-farm income; Financial Economics.
Ano: 2003 URL: http://purl.umn.edu/22125
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Farm Household Income and On-and-Off Farm Diversification AgEcon
McNamara, Kevin T.; Weiss, Christoph R..
The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farm households tend to allocate more labor to off-farm income activities.
Tipo: Journal Article Palavras-chave: Enterprise diversification; Farm income risk; Off-farm income; Agricultural Finance; Consumer/Household Economics; J20; O13; Q12; Q19; R19.
Ano: 2005 URL: http://purl.umn.edu/43711
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Impact of Off-farm Income on Farm Efficiency in Slovenia AgEcon
Bojnec, Stefan; Ferto, Imre.
The paper investigates the impact of off-farm income on farm technical efficiency for the Slovenian Farm Accountancy Data Network farms in the years 2004-2008. Farm stochastic frontier time-varying decay inefficiency is positively associated with total utilised agricultural areas and total labour input, and vice versa with intermediate consumption and fixed assets. We find a positive association between farm technical efficiency and the off-farm income. Farm technical efficiency has increased steadily over time, the process, which was led by the off-farm spill over effect and most efficient farms. Farm technical efficiency is also positively associated with economic farm size, while association with subsidies is mixed depending on the estimation procedure....
Tipo: Conference Paper or Presentation Palavras-chave: Off-farm income; Stochastic frontier analysis; Panel regression; Quantile regression; Slovenia; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/108945
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Impact of Off-farm Income on Farm Efficiency in Slovenia AgEcon
Bojnec, Stefan; Ferto, Imre.
Impact of Off-farm Income on Farm Efficiency in Slovenia
Tipo: Conference Paper or Presentation Palavras-chave: Off-farm income; Stochastic frontier analysis; Panel regression; Quantile regression; Slovenia; Agricultural Finance; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/114258
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Impact of Off-farm Income on Food Security and Nutrition in Nigeria AgEcon
Babatunde, Raphael O.; Qaim, Matin.
Reducing food insecurity in the developing world continues to be a major public policy challenge, and one that is complicated by the lack of a generalized comprehensive strategy for dealing with it. Around 854 million people are undernourished worldwide, many more suffer from micronutrient deficiencies, and the absolute numbers tend to increase further, especially in Sub-Saharan Africa. Recent food price hikes have contributed to greater public awareness of hunger related problems, also resulting in new international commitments to invest in developing country agriculture. Whereas agriculture-led growth played an important role in reducing food insecurity and transforming the economies of many Asian and Latin American countries, the same has not yet...
Tipo: Conference Paper or Presentation Palavras-chave: Farm households; Food security; Micronutrients; Child anthropometry; Off-farm income; Food Security and Poverty.
Ano: 2010 URL: http://purl.umn.edu/97332
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LOCATIONAL EFFECTS OF URBANIZATION ON AGRICULTURE IN SOUTHEASTERN PENNSYLVANIA AgEcon
Larson, Janelle M.; Findeis, Jill L.; Smith, Stephen M..
Most agricultural output in the northeastern United States comes from counties that have experienced significant development. A mail survey, with 300 responses, was conducted in southeastern Pennsylvania to determine farmer adaptation to urbanization in this region. Despite development, traditional agriculture still predominates. Changes in land use were examined using multinomial logit models. Results show that changes in population density and farm preservation policies have an influence, as increased population density reduced total land operated and having land in an agricultural security area increased it. Other measures of urbanization, such as proximity to a city or inter-state highway had no statistically significant effect on farm practices....
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural adaptation; Rural development; Off-farm income; Urbanization; Land use; Land Economics/Use.
Ano: 2000 URL: http://purl.umn.edu/21885
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Measuring and Analyzing Farm Financial Stress AgEcon
Harris, James Michael; Williams, Robert P.; Morehart, Mitchell J.; Erickson, Kenneth W.; Mishra, Ashok K..
The financial health of the agricultural economy has been excellent for the past few years, especially with farm income reaching record levels. However, the U.S. economy has experienced a recession and a credit crisis. Although the U.S. farm sector has been mostly shielded from the economic downturn, farm financial stress is still possible under current conditions. Are some U.S. farm businesses, especially those with term debt, poised to experience significant financial stress in 2010? We use the Agricultural Resource Management Survey (ARMS), sponsored jointly by USDA’s Economic Research Service (ERS) and National Agricultural Statistical Service, to help answer this question.
Tipo: Conference Paper or Presentation Palavras-chave: Off-farm income; Farm investment; Double hurdle; Agricultural Finance; Financial Economics; D1; J2.
Ano: 2010 URL: http://purl.umn.edu/61528
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Off-Farm Employment Effects on Adoption of Nutrient Management Practices AgEcon
Gedikoglu, Haluk; McCann, Laura M.J.; Artz, Georgeanne M..
Off-farm income as a share of total farm household income has been increasing. Previous studies found inconsistent results regarding the impact of off-farm income on adoption of conservation practices. We test the hypothesis that off-farm employment has a positive impact on adoption of capital incentive practices and a negative impact on adoption of labor-intensive practices. The results confirm that adoption of injecting manure into the soil, a capital intensive practice, is positively and significantly impacted by off-farm employment of the operator. However, off-farm employment variables had no effect on adoption of record keeping.
Tipo: Journal Article Palavras-chave: Adoption; Nutrient management; Off-farm income; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2011 URL: http://purl.umn.edu/117778
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Off-farm Income and Investments in Farm Assets: A Double Hurdle Approach AgEcon
Harris, James Michael; Blank, Steven C.; Erickson, Kenneth W.; Hallahan, Charles B..
The farm household structure is a complex set of inter-relationships between and among a variety of internal and external factors involving consumption, investment, and income-earning activities. In this paper we use ARMS data to explore the contribution of off-farm income to the viability of the farm business. We focus on the link between off-farm income and farm investment and whether off-farm income drives on-farm investment. The results indicate the importance of farm characteristics such as type, size, and location on the probability of investment but lead us to reject the hypothesis that off farm income is driving farm investment. Further research will be needed to further unweave some of the complex relationships involved in the farm household...
Tipo: Conference Paper or Presentation Palavras-chave: Off-farm income; Farm investment; Double hurdle; Agricultural Finance; Financial Economics; D1; J2; Q12.
Ano: 2010 URL: http://purl.umn.edu/61531
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OFF-FARM INCOME, TECHNOLOGY ADOPTION, AND FARM ECONOMIC PERFORMANCE AgEcon
Fernandez-Cornejo, Jorge; Mishra, Ashok K.; Nehring, Richard F.; Hendricks, Chad; Southern, Malaya; Gregory, Alexandra.
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....
Tipo: Report 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.
Ano: 2007 URL: http://purl.umn.edu/7234
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Risk Management and the Role of Off-farm Income AgEcon
Freshwater, David; Jette-Nantel, Simon.
The majority of farm households in OECD countries earn more off-farm income than farm income, even including government payments. While this is a well recognized fact its implications for risk management have not been well recognized. Current efforts to reform farm support have focused on the variability of farm household income and largely ignored the variability of total farm household income. Since it is common for farm households to allocate labor and capital across both farm and non-farm opportunities, it is also likely that their attitude to risk in farming can best be understood by seeing farm risk and return in a household portfolio of income. This approach immediately leads to farm risk being less problematic the more diversified the portfolio...
Tipo: Working Paper Palavras-chave: Off-farm income; Risk management; Agricultural policy; Farm household; Farm income; Agricultural and Food Policy; Agricultural Finance; Farm Management; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/120184
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Rural Livelihoods: Interplay Between Farm Activities, Non-farm Activities and the Resource Base AgEcon
Kuiper, Marijke H.; Meijerink, Gerdien W.; Eaton, Derek J.F..
A concentration of poor in rural areas has resulted in a research and policy focus on agricultural technologies and (poor) households’ impact on soil productivity. But farm households do not live of farming alone, non-farm activities play a principal role even in remote areas. With a unique household-level dataset covering seven regions in Africa and two in Asia we analyze (1) the importance of non-farm income in different geographical zones; (2) the role of geographical factors in determining access to non-farm employment; (3) the role of non-farm income in external input use and soil nitrogen balances. Distinguishing geographical zones based on the distance to urban areas we find the share of non-farm income increasing from 12 percent in the remote areas...
Tipo: Conference Paper or Presentation Palavras-chave: Off-farm income; Rural development; Micro-economics; Labor and Human Capital; Q12; D1; J43; Q24.
Ano: 2006 URL: http://purl.umn.edu/25442
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Technology Adoption and Off-Farm Household Income: The Case of Herbicide-Tolerant Soybeans AgEcon
Fernandez-Cornejo, Jorge; Hendricks, Chad; Mishra, Ashok K..
We model the interaction of off-farm work and adoption of agricultural technologies and the impact of adopting these technologies on farm household income from on farm and off-farm sources after controlling for such interaction, and estimate the model for the case of adoption of herbicide-tolerant (HT) soybeans using a nationwide survey of soybean farms for 2000. We find that adoption of HT soybeans is positively and significantly related to off-farm household income for U.S. soybean farmers, after controlling for other factors. In addition, while on-farm household income is not significantly related to adoption, total household income increases significantly with adoption.
Tipo: Journal Article Palavras-chave: Agricultural household model; Biotechnology; Herbicide tolerant soybeans; Off-farm income; Technology adoption; O33; Q12.
Ano: 2005 URL: http://purl.umn.edu/43487
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The supermarket revolution and impacts on agricultural labor markets: Empirical evidence from Kenya AgEcon
Rao, Elizaphan J.O.; Qaim, Matin.
Many developing countries are currently experiencing a rapid expansion of supermarkets. New supermarket procurement systems could have important implications for farming and wider rural development. While previous studies have analyzed farm profit and income effects, possible employment effects have received much less attention. Building on data from a recent survey of vegetable farmers in Kenya, in this article a double-hurdle model of hired labor use is developed and estimated. Farmer participation in supermarket channels increases the likelihood of hiring labor by 13% and overall demand for hired labor by 38%. A gender disaggregation shows that positive employment effects are especially pronounced for female hired labor. Given that agricultural wage...
Tipo: Working or Discussion Paper Palavras-chave: Supermarkets; Off-farm income; Hired labor; Double-hurdle model; Kenya; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Productivity Analysis; C34; Q12; Q13; J43.
Ano: 2011 URL: http://purl.umn.edu/107745
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“Waiting for Godot”- Restructuring on Small Family Farms AgEcon
Jack, Claire G.; Moss, Joan E.; Wallace, Michael T..
This paper examines the extent to which favourable off-farm labour market conditions coupled with growth in land values have contributed to the observed resilience of small scale family farms. We use data from Northern Ireland and employ farm household optimisation models to analyse household decision making processes that contribute to the observed inertia in farm structure. The analysis indicates that farm household behaviour is influenced not just by current farm income, but also expected capital asset returns. Increased wealth, associated with continuing land ownership, gives rise to the proposition that the link between off-farm incomes, increased land values and remaining in farming may be associated with farmers pursuing wealth maximizing...
Tipo: Conference Paper or Presentation Palavras-chave: Farm households; Resilience; Wealth accumulation; Off-farm income; Consumer/Household Economics; Productivity Analysis; C61; Q12.
Ano: 2009 URL: http://purl.umn.edu/52835
Registros recuperados: 16
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