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The Role of Farm Ownership in Off-Farm Work Participation
Published online by Cambridge University Press: 15 September 2016
Abstract
A labor supply model is used to examine the relationship between farm ownership and operators’ participation in the off-farm labor market for the Northeast region. The results indicate that ownership significantly influences operators’ off-farm employment participation. In particular, part-owners significantly allocate labor services to off-farm activities. The results also show that the participation rate among part-owner operators is high partly because the availability of other income sources accelerates the process of acquiring assets to become full-owner operators.
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- Copyright © 1997 Northeastern Agricultural and Resource Economics Association
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