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The substitution of capital for labor and new labor-saving technologies has reduced the labor required for farming, yet many farms today depend on hired labor in some form. Common in the literature is the assumption of perfectly substitutable farm labor. This has implications for the...
Persistent link: https://www.econbiz.de/10011142827
When food prices shoot over import parity, this often leads to social and political unrest and even the toppling of governments. If markets behaved efficiently and in the absence of trade barriers, food prices should not exceed the price in world markets plus the cost of importing it to domestic...
Persistent link: https://www.econbiz.de/10008741303
The assumption of homogeneity between family and hired farm labor is common in farm labor research. Controlling for region and farm size, this study employs a seemingly unrelated regression analysis to jointly estimate a translog cost function and factor cost shares to determine the elasticity...
Persistent link: https://www.econbiz.de/10008922636
Agritourism is an alternative source of farm income. We examine farmers’ participation in agritourism activities to assess the impact of participation on farm household income and return to assets using a large farm-level survey. The results reveal that older, educated, and female...
Persistent link: https://www.econbiz.de/10011142614
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This paper demonstrates that income survey data can be very informative in explaining the variation across households in the incidence and severity of absolute poverty using a rural household income data set for Mozambique. Results from regression analysis of the sources of variation are used to...
Persistent link: https://www.econbiz.de/10005483977
With increased focus on survival strategies for small farm businesses, we investigate the impact of Internet access on income and farm expenses of small farm business and households. Using a nation-wide farm-level data in the U.S. and non-parametric matching estimators, the study finds a...
Persistent link: https://www.econbiz.de/10010880663
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