Fishing and Nonfishing Income Decisions: The Role of Human Capital and Family Structure
Shaikh Eskander (),
Edward Barbier () and
Ben Gilbert ()
Land Economics, 2018, vol. 94, issue 1, 114-136
Resource-dependent households often diversify their income. We model demand for remittances and supply of off-resource labor as a joint decision, and discuss household trade-offs. We extend the off-farm labor supply literature to a rural fishery, contrasting our results to common findings in the farm literature and providing empirical evidence of the interdependence between education and family structure in determining income diversification. Using a unique dataset from Malaysia, we find that more-educated households are less likely to diversify their income, with caveats depending on family composition. Policy implications for resource management in a remittance economy with alternative livelihoods are discussed.
JEL-codes: Q22 (search for similar items in EconPapers)
Note: DOI: 10.3368/le.94.1.114
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Working Paper: Fishing and non-fishing income decisions: the role of human capital and family structure (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:94:y:2018:i:1:p:114-136
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