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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
producers spend significantly more on labor expenses, insurance payments, and marketing charges than conventional farmers. The …
Persistent link: https://www.econbiz.de/10009021507
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
The MILC program, a counter-cyclical income support program, was designed to provide price support to dairy farmers. Since the inception of the MILC program it has been argued that the program is inefficient and rewards inefficiency by keeping high cost, small dairy farms in business. Large...
Persistent link: https://www.econbiz.de/10009021163
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