The Role Of Farm Ownership In Off-Farm Work Participation
A labor supply model is used to examine the relationship between farm ownership and operators' participation in the off-farm labor market for the Northeast region. The results indicate that ownership significantly influences operators' off-farm employment participation. In particular, part-owners significantly allocate labor services to off-farm activities. The results also show that the participation rate among part-owner operators is high partly because the availability of other income sources accelerates the process of acquiring assets to become full-owner operators.
Volume (Year): 26 (1997)
Issue (Month): 1 (April)
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- Huffman, Wallace, 1980.
"Farm and Off-Farm Work Decisions: The Role of Human Capital,"
Staff General Research Papers Archive
10973, Iowa State University, Department of Economics.
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201191, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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