Has the "Farm Problem" Disappeared? A Comparison of Household and Self-Employment Income Levels of the Farm and Nonfarm Self-Employed
AbstractThis study tests the impact of household and demographic factors on the economic well-being of the farm and nonfarm self-employed using data from the Integrated Public Use Microdata Series. Parametric and nonparametric techniques are used to test for statistical differences in self-employment and household income levels. Further, household and demographic factors are tested for their effect on self-employment income using a censored tobit regression model. The farm self-employed report significantly higher levels of self-employment income. Results reveal that several household and demographic factors significantly impact self-employment income levels for the farm and nonfarm self-employed, with key differences in impacts.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia with number 46304.
Date of creation: 2009
Date of revision:
self-employment; farm households; Community/Rural/Urban Development;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2009-01-17 (Agricultural Economics)
- NEP-ALL-2009-01-17 (All new papers)
- NEP-LAB-2009-01-17 (Labour Economics)
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