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Participation in Agritourism and Off-farm Work: Do Small Farms Benefit?

Author

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  • Khanal, Aditya R.
  • Mishra, Ashok
  • Koirala, Krishna H.

Abstract

Small farms face significant challenges using conventional crop production methods. They seek methods of generating alternative income both on- and off the farm. The literature considers these opportunities individually; however recent evidence shows that small farms engage in both activities simultaneously. This study analyzes factors influencing such choice decisions and their impact on farm and total household incomes. Using a large nation-wide farm survey data and selectivity based multinomial choice model, we found that small farms have higher household income if they chose a combination of both strategies rather than a single strategy. Additionally, education, age of the operator, financial conditions of the farm and location of the farm are important factors deriving alternative choice decisions for income diversifications.

Suggested Citation

  • Khanal, Aditya R. & Mishra, Ashok & Koirala, Krishna H., 2014. "Participation in Agritourism and Off-farm Work: Do Small Farms Benefit?," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162453, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea14:162453
    DOI: 10.22004/ag.econ.162453
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    References listed on IDEAS

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    Keywords

    Agribusiness; Agricultural Finance; Farm Management; Labor and Human Capital; Production Economics; Research Methods/ Statistical Methods;
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