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Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers AgEcon
Vergara, Oscar; Coble, Keith H.; Patrick, George F.; Knight, Thomas O.; Baquet, Alan E..
We study the relationship between the off-farm labor decision and the limited-resource farmers’ and spouses’ off-farm experience, education, and sources of income. We found that farmers’ and spouses’ off-farm experience and wages are significant factors in explaining the off-farm labor supply decision. Contrary to expectations, farm income variability is not significant in the farmers’ and spouses’ decision to see off-farm work. The off-farm labor supply of farmers and their spouses is negatively correlated with income transfers from the government. It was also found that the spouse is a residual supplier of on-farm and off-farm labor.
Tipo: Journal Article Palavras-chave: Farm income variability; Limited-resource farmer; Off-farm work; Tobit regression; C34; D19; D81; J15; Q18.
Ano: 2004 URL: http://purl.umn.edu/43394
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