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Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply
Ashok K. Mishra, Duncan M. Holthausen
Journal:

Agricultural and Resource Economics Review / Volume 31 / Issue 2 / October 2002

Published online by Cambridge University Press:

15 September 2016, pp. 187-199
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This study models the effects of variability in farm income and off-farm wages on farm operators' labor allocation decisions. A simple theoretical model is employed to develop hypotheses, which are then tested empirically. Variability in farm income and off-farm wages is predicted to have a positive and negative effect, respectively, on off-farm hours worked. The empirical results confirm these predictions.

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Effect of Farm Income and Off-Farm Wage Variability on Off-Farm Labor Supply