LABOUR SUPPLY AND OFF-FARM WORK BY FARMERS: THEORY AND ESTIMATION
Chris Robinson,
Pat J. McMahon and
John Quiggin
Australian Journal of Agricultural Economics, 1982, vol. 26, issue 01, 16
Abstract:
Off-farm employment has become increasingly important as an aspect of resource adjustment and a source of income in Australian agriculture. However, it is surprising that there is a paucity of work on this topic reported in the agricultural economics literature. Therefore, we have drawn upon recent developments in labour economics in order to investigate off-farm employment in Australia. A conceptual model of the allocation of a farmer's labour between farm and off-farm work is developed and applied to cross-sectional data from the Australian Agricultural and Grazing Industries Survey. A Tobit maximum likelihood procedure is utilised to test the influences of the life cycle, level of human capital, wealth, non-wage income and farm income on the off-farm labour supply of farmers.
Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
Date: 1982
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Citations: View citations in EconPapers (8)
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Journal Article: LABOUR SUPPLY AND OFF‐FARM WORK BY FARMERS: THEORY AND ESTIMATION (1982) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:23051
DOI: 10.22004/ag.econ.23051
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