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

Ashok Mishra () and Duncan M. Holthausen

Agricultural and Resource Economics Review, 2002, vol. 31, issue 2, 13

Abstract: 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.

Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (24)

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Journal Article: Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31393

DOI: 10.22004/ag.econ.31393

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