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Fishing and non-fishing income decisions: the role of human capital and family structure

Shaikh Eskander (), Edward Barbier () and Ben Gilbert ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: 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 tradeoffs. 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: J24 Q22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
Date: 2018-02-01
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Published in Land Economics, 1, February, 2018, 94(1), pp. 114-136. ISSN: 0023-7639

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Journal Article: Fishing and Nonfishing Income Decisions: The Role of Human Capital and Family Structure (2018) Downloads
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