Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers
We study the relationship between the off-farm labor decision and the limited-resource farmersâ€™ and spousesâ€™ off-farm experience, education, and sources of income. We found that farmersâ€™ and spousesâ€™ 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 farmersâ€™ and spousesâ€™ 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.
Volume (Year): 36 (2004)
Issue (Month): 02 (August)
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- Dismukes, Robert & Harwood, Joy L. & Bentley, Susan E., 1997. "Characteristics and Risk Management Needs of Limited-Resource and Socially Disadvantaged Farmers," Agricultural Information Bulletins 33622, United States Department of Agriculture, Economic Research Service.
- Oluwole, Adetokunbo B. & Findeis, Jill L., 2001. "An Econometric Analysis Of Off-Farm Labor Participation Among U.S. Farm Families, 1977-1998," 2001 Annual meeting, August 5-8, Chicago, IL 20514, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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