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Rural Economy and Farm Income Diversification in Developing Countries

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  • Delgado, Christopher L.
  • Siamwalla, Ammar

Abstract

Farm-level diversification involves adding income-generating activities at the farm household level, including livestock, local non-farm and off-farm pursuits undertaken by farm people. The objective of this paper is to consider questions arising from an apparent inconsistency. In this respect, policy makers seem to consider farm diversification a major 'economic' issue, thus as an objective, while economists typically neglect it, seeing farm diversification as an outcome from pursuing another objective. This lack of a consensus is further reflected by disagreement over the extent to which national policies should proactively seek to promote diversification of the farm-level output mix in specific directions.

Suggested Citation

  • Delgado, Christopher L. & Siamwalla, Ammar, 1997. "Rural Economy and Farm Income Diversification in Developing Countries," 1997 Conference, August 10-16, 1997, Sacramento, California 197035, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae97:197035
    DOI: 10.22004/ag.econ.197035
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    3. Demie, Ashebir & Zeray, Negussie, 2016. "Determinants of participation and earnings in the rural nonfarm economy in Eastern Ethiopia," African Journal of Rural Development (AFJRD), AFrican Journal of Rural Development (AFJRD), vol. 1(1), June.
    4. Csilla, Kissné Nagy, 2017. "Extent And Characteristic Of Diversification Among Hungarian Agricultural Holdings," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 10(4-5), April.
    5. Nzabakenga, Alfred & Feng, Luo Xiao & Yaqin, He, 2013. "Agricultural Income Determinants among Smallholder Farmers: Case of Northern Part of Burundi," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 3(11), pages 1-8, November.
    6. Kimenju, Simon C. & Tschirley, David L., 2008. "Agriculture and Livelihood Diversification in Kenyan Rural Households," Working Papers 202614, Egerton University, Tegemeo Institute of Agricultural Policy and Development.
    7. Minot, Nicholas, 2003. "Income Diversification And Poverty Reduction In The Northern Uplands Of Vietnam," 2003 Annual meeting, July 27-30, Montreal, Canada 22029, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Egziabher, Kidanemariam G. & Mathijs, Erik & Deckers, Jozef A. & Gebrehiwot, Kindeya & Bauer, Hans & Maertens, Miet, 2013. "The Economic Impact of a New Rural Extension Approach in Northern Ethiopia," Working Papers 146558, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
    9. Vatta, K & Singh, G & Sharma, N & Bhoi, PB, 2018. "Regional dimensions and determinants of income diversification in rural India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 31(2).
    10. Goletti, Francesco, 1999. "Agricultural diversification and rural industrialization as a strategy for rural income growth and poverty reduction in Indochina and Myanmar," MTID discussion papers 30, International Food Policy Research Institute (IFPRI).
    11. Tobgay, S., 2006. "Agriculture Diversification in Bhutan," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25409, International Association of Agricultural Economists.
    12. Van Nam, M. & Lensink, R., 2008. "Economic Development of the Mekong Delta in Vietnam," CDS Research Reports CDS-27, University of Groningen, Centre for Development Studies (CDS).
    13. Cocchi, Horacio & Bravo-Ureta, Boris E. & Quiroga, Ricardo E., 2004. "Farm Benefits And Natural Resource Projects In Honduras And El Salvador," 2004 Annual meeting, August 1-4, Denver, CO 20328, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    Keywords

    Farm Management; Financial Economics;

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