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Factors Affecting Variability in Farm and Off-farm Income AgEcon
Poon, Kenneth; Alfons, Weersink.
The purpose of this paper is to examine the factors affecting the relative variability in farm and off-farm income for Canadian farm operators. Previous attempts have been limited by the lack of available data combining both farm and off-farm income levels for farm operations over time. Statistic Canada’s Farm Micro-Longtidinal Dataset of 17,000 farm operators from 2001 to 2006 allowed such an analysis. The coefficient of variation (CV) in farm income is significantly greater than that for off-farm income but both measures are inversely related to the permanence of the income source to the operation. The greater the reliance on farm income and the greater the labour demand within the farm, the lower (greater) the relative variability in farm (off-farm)...
Tipo: Working or Discussion Paper Palavras-chave: Relative variability; Farm and off- farm income; Agricultural and Food Policy.
Ano: 2011 URL: http://purl.umn.edu/102064
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