This study models net welfare impacts on producers who receive utility from on-farm wildlife populations that are not costlessly disposable. Wildlife damage levels where net benefits are zero indicate producers' maximum willingness to pay for on-farm wildlife. An empirical model is developed. Results for Ontario producers suggest the net welfare loss from damage is approximately half of the val...

The characterization of pro-poor growth, including the sources through which the poor benefit from public interventions, remains a topic of debate in the current development literature. This paper examines the impact of a range of policies across villages in rural Bangladesh (spanning credit and infrastructure expansion, as well as agricultural output pricing) not only on different sources of i...

An important step in farm planning is the development of a gross margin budget. A gross margin is calculated from a crop's gross income less the variable costs incurred in growing and marketing that crop. The gross margin indicates the potential financial gain or loss of the crop being produced. Gross margins are usually expressed in units related to resources such as land, labour or irrigation...

Through establishing VAR Model, and applying modern cointegration theory and such methods of measurements as impact decomposition, this article probes into long term and short term interactive relations between Chinese farm products import & export and growth of farmers’ income. It is shown, in the long run, a stable equilibrium relationship exists between the three factors, and farm products e...

In Year 1, there are only ten factories, which can employ a maximum of 100 workers. Hence most farms will still have all five siblings working there. The total farm income will be $100, so the average product of labor is $20 = 100 5 . The marginal product is 0, since when there are at least three siblings working on the farm, any additional worker does not increase farm income. Consequently two...

We estimate the impacts of various types of government payments to U.S. agriculture on different components of farm household consumption. Using 2003 to 2005 data from the Agricultural Resource Management Survey (ARMS), we show that marginal rates of consumption differ by consumption category and income source, including different types of farm program payments. The results suggest that farm ho...

Applying a bio-economic whole farm model we assess the impact of price and weather risk as well as different risk management strategies on the variability of the income in Swiss suckler cow production. We consider different on-farm risk management strategies such as the flexible adjustment of herd size, fodder composition and feed stocks, as well as an income insurance. Our results show that wi...

Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the first 9 years of the decoupled subsidy era. The primary income support for European farmers, the single ...

nonfarm activities play an important role in the determination of rural household income, consumption expenditure, and household food security. however, much less studies have been devoted to the factors that influence nonfarm income diversification by farm household in developing countries. using cross-sectional data and a probit model, this study attempts to determine the factors influencing ...