Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply Report as inadecuate




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This study models the effects of variability in farm income and off-farm wages on farm operators' labor allocation decisions. A simple theoretical model is employed to develop hypotheses, which are then tested empirically. Variability in farm income and off-farm wages is predicted to have a positive and negative effect, respectively, on off-farm hours worked. The empirical results confirm these predictions.

Subject(s): Labor and Human Capital

Issue Date: 2002-10

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/31393 Published in: Agricultural and Resource Economics Review, Volume 31

Number 2 Page range: 187-199

Total Pages: 13

Record appears in: Northeastern Agricultural and Resource Economics Association (NAREA) > Agricultural and Resource Economics Review





Author: Mishra, Ashok K. ; Holthausen, Duncan M.

Source: http://ageconsearch.umn.edu/record/31393?ln=en



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