Retirement Age Farmers’ Exit and Disinvestment from Farming

Spousal Effect and Timing of Farmers’ Early Retirement Decisions

The retirement decisions of individuals are strongly influenced by spousal retirement, financial incentives and institutional constraints such as access to early retirement benefits. In the European Union (EU), farm retirement is encouraged by early retirement provisions for farmers. As exit from farming determines the characteristics of structural change in agriculture, it is important to find...

Precision Farming also for Small Scale Farmers

The current and future food insecurity situation of many nations has been effected by factors like global warming, population growth, bio-energy, low technology acceptance, unfavourable policies, sustainability criteria, changing natural risk-management and subsidies. Food availability is a basic human need and, if left unattended undermines any other development effort. Sustainability-, agricu...

Statutory Retirement Age and

As societies age, pension reforms become a central issue. One proposition is to extend worklife. However, due to the endogenous depreciation of human capital in many countries the effective retirement age is even below the present statutory retirement age. We analyze this effect in a putty-putty human capital vintage model where the economic retirement age is endogenous. While a higher rate of ...

Raising Agricultural Productivity and Making Farming Remunerative for Farmers*

As a source of livelihood, agriculture (including forestry and fishing) remains the largest sector of Indian Economy. While its output share fell from 28.3% in 1993-94 to 14.4% in 201112, employment share declined from 64.8% to 48.9% over the same period. Therefore, almost half of the workforce in India still remains dependent on agriculture. Given the low share of this workforce in the GDP, on...

Retirement age declines