This paper develops a theory of the family farm in conditions of uncertainty where attention is focussed on the labour-input decisions. Specifically, the farm family is faced with two labour decisions, namely with respect to hired labour and to family labour. The framework for analysis is...

This paper applies a multidimensional method and a structural approach to the results of research based on a field survey on the origins of pluriactivity and on the attitudes of farm families toward multiple job-holding and full-time farming. Multiple correspondence analysis makes it possible to...

The objective of this study is to explore the possibilities of improving production and income on small farms through better allocation of resources. It pertains to the area that represents the low potential cereal crops zone (LPCZ) of Ethiopian highlands in the Shoa region. The basic primary...

Fixed-rent tenancy was traditionally regarded as equally efficient as owner-cultivators. The counter-example is, however, presented here. Specifically, tenants with fixed-rent contracts and well protected by tenancy regulations may, in the long run, tum out to be less efficient than other...

Previous empirical studies of multiple job holding have tended to focus on the characteristics of those obtaining off-fann employment and the factors affecting the hours supplied to those obtaining off-farm activities. None of these studies have explicitly addressed the reasons behind the...

In a framework developed by P.J. Dawson, the effects of output price risk on the family labour supply and its demand for hired labour are investigated. In particular, the effects of changes in autonomous income, expected output price, family composition, and farm size are studied. Comparative...

The decline in per-capita agricultural production has been reversed somewhat in tropical Africa by the structural adjustment programs which have increased producer prices, liberalized marketing and devalued currencies. But the 300Jo of smallholder farm households which are female-headed will not...

Few studies have been made of how fanners make decisions. Most research and teaching has focused on the decision event, not the whole process. Current knowledge of the decision making process is reviewed and described as a set of eight functions or elements: values and goals, problem detection,...

A farm financial model with leverage and investment in two farm enterprises is specified. The model is extended to incorporate futures hedging and the Separation Theorem is used to show that optimal hedging is zero. The assumption of a risk-free asset is relaxed and, while this leads to a...

This paper focuses on the economic consequences of droughts for the irrigation sector. We develop a dynamic-recursive mathematical programming farm model that assumes imperfect mobility of capital and labour as well as rational expectations about future water availability. The model is...