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Past agricultural input market participation studies have generally ignored the joint influence of income diversification, transaction cost and production risk on input market participation decisions. This study develops an analytical framework that jointly incorporates the three factors and...
Persistent link: https://www.econbiz.de/10009444756
Empirical evidence shows that non-farm income diversification is associated with higher welfare among farm households. However, most studies have ignored market barriers and farm income risk in explaining income diversification behaviour. This study develops an analytical framework that includes...
Persistent link: https://www.econbiz.de/10009446070
The translog cost function approach is employed to characterize the production structure and to estimate the rate of technical change and technical bias in the saw and planing mills industry (SPM) in the New Brunswick Province. The findings are that the production structure of the saw and...
Persistent link: https://www.econbiz.de/10009443464
E-commerce technologies such as a website, email and the use of web browsers enables access to large amounts of information, facilitates communication and provides niche companies with an effective mechanism for competing with larger organisations world-wide. However recent literature has shown...
Persistent link: https://www.econbiz.de/10009438174