FARM INCOME ENHANCEMENT POTENTIAL FOR SMALL, PART-TIME FARMING OPERATIONS IN EAST CENTRAL OKLAHOMA

Scott Sanford and Luther G. Tweeten

Southern Journal of Agricultural Economics, 1988, vol. 20, issue 2, 12

Abstract: Linear programming and stochastic farm growth simulation models are used to assess the impact of alternative enterprise selection, variation in farm income, inflation, and off-farm income on the growth of small, part-time farms in East Central Oklahoma. Results indicate that alternative rates of inflation or variation in farm income do not significantly impact the operation or expansion of part-time farming operations. Adoption of alternative enterprises on part-time farms can lead to full-time farming operations where expansion initially is aided through use of off-farm income. Small full-time operators could greatly enhance family income by obtaining off-farm employment and income.

Keywords: Farm; Management (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29258

DOI: 10.22004/ag.econ.29258

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