Farm Household Income and On- and Off-Farm Diversification

Kevin T. McNamara and Christoph Weiss

Journal of Agricultural and Applied Economics, 2005, vol. 37, issue 1, 37-48

Abstract: The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farms tend to be more diversified. Younger farmers are more likely to work off-farm. Larger farm households tend to allocate more labor to off-farm income activities.

Date: 2005
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Journal Article: Farm Household Income and On-and-Off Farm Diversification (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:37:y:2005:i:01:p:37-48_00

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