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The Productive Value of Human Time in U.S. Agriculture

Wallace Huffman

American Journal of Agricultural Economics, 1976, vol. 58, issue 4_Part_1, 672-683

Abstract: The quantity and marginal productivity of farm husband and wife labor services allocated to their own farm work are assessed. A behavioral model of the farm firm is developed and implemented empirically by fitting a production function to county average per farm data for 1964 for Iowa, North Carolina, and Oklahoma counties. A comparison of marginal products of husband's and wife's labor inputs with opportunity costs yields the implication that net rural-to-urban human migration and reallocation of working time between own-farm and off-farm work by the remaining farm population had succeeded in getting rid of excess labor services in U.S. agricultural production in 1964.

Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:58:y:1976:i:4_part_1:p:672-683.

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American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

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