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We analyze the factors influencing farmer’s diversification decisions while taking into account the simultaneous decision making. Using a national data on farm-level in the US and a multivariate analysis, our study suggests that agricultural, structural, environmental, and income...
Persistent link: https://www.econbiz.de/10011125396
Using average treatment effect and data from 2012 the Central Luzon Loop Survey, this study investigates the role of gender in rice production. Results indicate that female-headed farm households, despite having limited access to land, have a higher value of rice production than their male...
Persistent link: https://www.econbiz.de/10011125384
The Agricultural Resource Management Survey (ARMS) collects information on income of farm households from a variety of sources. Traditionally, the amount of money income received during a calendar year has been the primary income measure for assessing the economic wellbeing of farm households....
Persistent link: https://www.econbiz.de/10010879065
Most of the empirical literature in this area tends to analyze labor allocation decisions of economic agents using cross-sectional data. But such methods implicitly assume that model parameters are stable (constant) across firms and over time. The use of cross-sectional methods is therefore...
Persistent link: https://www.econbiz.de/10010916421
In the past three decades, farm families have relied on government payments and off-farm income to reduce income risk and increase total household income. Studies have shown that, as income effect dominates, government payments tend to reduce off-farm labor of farm operators and spouses. But...
Persistent link: https://www.econbiz.de/10010916671
The Internet is becoming an increasingly important management tool in production agriculture. Using data from the 2004 Agricultural Resource Management Survey (ARMS) and a double-hurdle estimation approach, we explore the adoption of computers with Internet access by and Internet purchasing...
Persistent link: https://www.econbiz.de/10008558708
Agricultural policy is rooted in the 1930s notion that providing transfers of money to the farm sector translates into increased economic well-being of farm families. This report shows that changes in income for the farm sector or for any particular group of farm businesses do not necessarily...
Persistent link: https://www.econbiz.de/10004989521
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...
Persistent link: https://www.econbiz.de/10005038747