Farm Income Variability and the Supply of Off‐Farm Labor

Mishra, Ashok K.; Goodwin, Barry K.

doi:10.2307/1244429

Cited by 263 publications

(208 citation statements)

References 7 publications

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“…Moscardi and De Janvry (1977), in their study of attitudes toward risk among peasants in Mexico, found that the higher the off-farm income the higher the capacity to assume risk in agricultural production. Mishra and Goodwin (1997) reported a positive correlation between off-farm employment and farm income variability, indicating that off-farm investment helps many farm households to diversify their income risks. Farm enterprise diversification (DIVERS) has a negative, statistically significant coefficient estimate indicating that diversified dairy farmers are less likely to purchase livestock insurance.…”

Section: Logit Model Resultsmentioning

confidence: 99%

Factors Influencing Adoption of Livestock Insurance by Commercial Dairy Farmers in Three Zobatat of Eritrea

Mohammed

Ortmann

2005

Agrekon

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Section: Logit Model Resultsmentioning

confidence: 99%

Factors Influencing Adoption of Livestock Insurance by Commercial Dairy Farmers in Three Zobatat of Eritrea

Mohammed

Ortmann

2005

Agrekon

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“…However, in the context of dramatically decreasing incidences of extreme poverty, many Chinese peasants are being left behind and the achievements of development are not being shared [2,3]. In 2016, the per capita disposable income of rural residents was only 36.8% of that of urban residents [4,5]. Under the current market environment, individuals are increasingly paid in accordance with their abilities [6].…”

Section: Introductionmentioning

confidence: 99%

Multilevel Modeling of Rural Livelihood Strategies from Peasant to Village Level in Henan Province, China

et al. 2018

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Abstract:With the rapid development of China's economy, Chinese peasants now have a growing number of livelihood choices. Rural livelihood strategies are primarily a matter of choice, while the characteristics of the household and village may affect the decision-making process. However, until now, there has been a lack of empirical studies that have been carried out for the identification of the multi-level determinants of rural livelihood strategies. To fill this gap, this paper applies multi-level modeling approach to model rural livelihood strategies in Henan Province, China. The results show that rural livelihood strategies have insignificant between-group variability at the household level, and significant between-group variability at the village level, with the variance at the peasant level accounting for the largest proportion of the total variance. Younger peasants who are male and have a higher education level are more likely to engage in only off-farm work, while peasants with the opposite characteristics are more likely to engage in only on-farm work. Pluriactive peasants integrate the characteristics of the other two groups, and generally live closer to urban areas than the others. In order to reduce rural income inequality and sustain agricultural production, the Chinese government should design effective policies to make farming an appealing livelihood choice, particularly for the young generation.

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“…First, the paper does not take into account elements of imperfect information and the farm household's attitudes toward risk under uncertainty. It is likely that the production and consumption decisions become non-separable (Mishra and Goodwin, 1997;Benjamin and Kimhi, 2006 …”

Section: Discussionmentioning

confidence: 99%

“…Several studies have documented that income from off-farm activities constitutes an increasingly important part of total household income for farmers. 4 For agricultural households in the United States, for example, it has been shown that there is a positive correlation between farm income variability and off-farm employment, and that off-farm labor earnings play a prominent role for income diversification (Mishra and Goodwin, 1997).…”

Section: Introductionmentioning

confidence: 99%

Labor supply, income, and welfare of the farm household

2012

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Considering family labor and hired labor as heterogeneous inputs, we present a theoretical framework in which the optimal decisions of a farm household on on-farm family and hired labor, off-farm labor supply, and leisure are determined uniquely and endogenously. Focusing on two alternative settings with and without off-farm employment constraints, we show that imperfect substitutability between family labor and hired labor is not critical to the separation of household production and consumption. The validity of the separation proposition is shown to depend crucially on whether or not the availability of off-farm job opportunities is limited. We further examine how changes in external economic conditions and government policies affect the time allocation decisions of the household, as well as the composition of household income (i.e., on-farm income and off-farm labor earnings).

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Farm Income Variability and the Supply of Off‐Farm Labor

Cited by 263 publications

References 7 publications

Factors Influencing Adoption of Livestock Insurance by Commercial Dairy Farmers in Three Zobatat of Eritrea

Factors Influencing Adoption of Livestock Insurance by Commercial Dairy Farmers in Three Zobatat of Eritrea

Multilevel Modeling of Rural Livelihood Strategies from Peasant to Village Level in Henan Province, China

Labor supply, income, and welfare of the farm household

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