Farm Household Income and On- and Off-Farm Diversification

Farm Income Variability and the Supply of Off-Farm Labor

If farmers are risk averse, greater farm income variability should increase off-farm labor supply. This effect is confirmed for a sample of Kansas farmers. Off-farm employment of farmers and their spouses is also found to be significantly influenced by farm experience, off-farm work experience, farm size, leverage, efficiency, and farm-specific education. In addition, farm operators and spouses...

Off-Farm Income, Technology Adoption, and Farm Economic Performance

The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe ...

Labor supply, income, and welfare of the farm household

Article history: Received 14 January 2011 Received in revised form 9 March 2012 Accepted 11 March 2012 Available online 28 March 2012 JEL classification: D1 J2 Q1

The Conservation Reserve Program, Off-Farm Work, and Farm Household Technical Efficiencies

Using data from a national survey of farm households in the United States, this paper examines the effects of farm households’ decisions to participate in the Conservation Reserve Program (CRP) and to work off the farm on the technical efficiency of farm household production. After controlling for the self selection bias in estimating the multiple output-oriented distance functions, results sho...

Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers