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Management and Risk Characteristics of Part-Time and Full-Time Farmers in Norway

Gudbrand Lien, Ola Flaten, Anne Moxnes Jervell, Martha Ebbesvik, Matthias Koesling and Paul Steinar Valle

Review of Agricultural Economics, 2006, vol. 28, issue 1, 111-131

Abstract: The objective of this exploratory study was to provide empirical insight into how different categories of farmers perceive and manage risk. The data originate from a questionnaire of dairy and crop farmers in Norway. The associations between part-time and full-time farming and farm and farmer characteristics, farmers' goals and future plans, risk perceptions, and risk management responses were examined with simple t- and chi-square tests, as well as with logistic regression. The results indicate that full-time and part-time farmers' goals, risk perceptions, and management strategies differ significantly. Policy makers and advisers should consider these differences when developing policies and recommendations for the different types of farmers.

Date: 2006
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