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Income Diversification of Farm Households: Relevance and Determinants in Germany AgEcon
Pieniadz, Agata; Renner, Swetlana; Rathmann, Christoph; Glauben, Thomas; Loy, Jens-Peter.
During recent years, the number of farms able to generate satisfactory income from agricultural production has continuously decreased in advanced economies. The main reasons are the implementation of the Common Agricultural Policy of 1992 and the increasing capitalization of the primary sector. The relevance of income diversification and interest in various development paths of rural households have, therefore, been renewed in political-economic debates in those countries. The aim of this study is to identify factors that determine income diversification in Germany. An econometric model has been estimated based on a comprehensive survey’s data. The results show that the main economic incentive for farm diversification is the expected income increase or...
Tipo: Conference Paper or Presentation Palavras-chave: Income diversification; Farm household; Survey; Germany; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/52836
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