Off-farm Income and Risky Investments: What Happens to Farm and Nonfarm Assets?

Hans Andersson, Bharat Ramaswami, Charles Moss, Kenneth W. Erickson, Charles B. Hallahan and Richard F. Nehring

No 19480, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Off-farm work improves and reduces the riskiness of household income. Theoretical analyses reveal that the level and riskiness of off-farm income affect demand for farm/nonfarm investments. A two-limit Tobit model is estimated using ARMS data for 1996-2003. The impact on investment behaviour is evaluated.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 32
Date: 2005
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19480

DOI: 10.22004/ag.econ.19480

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