Farm Size, Farm Labor, and Off-Farm Labor: A Simultaneous Estimation
Wallace Huffman and
Mark D. Lange
No 279464, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
A model of simultaneous determination of farm household choice variables of farm and off-farm labor, land input, and livestock enterprise is developed and estimated. Simultaneity is shown to exist in these variables and the effects are asymmetric. Wage and income effects are shown to depend heavily on the households view of comparative advantage in market and nonmarket production between husband and wife.
Keywords: Farm Management; Labor and Human Capital; Marketing (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279464
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