Machinery investment decision and off-farm employment in rural China

Yueqing Ji, Funing Zhong and Xiaohua Yu

No 5, IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth from Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)

Abstract: This paper investigates the linkages between farmers' machinery investment decision and off-farm employment in China. Both the theoretical model and the empirical results based on a survey of 453 households in Anhui Province indicate that agricultural labor input and small-size machinery investment are gross complements rahter tha substitutes when machinery service is available in the market. Consequently, farmers with small machinery are more likely to reduce their off-time employment time.

Keywords: Small-size Machinery; Off-Farm employment; Complements; China (search for similar items in EconPapers)
JEL-codes: Q12 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-agr, nep-lab and nep-tra
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Journal Article: Machinery investment decision and off-farm employment in rural China (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:iamo11:5

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