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Agricultural policy is rooted in the 1930s notion that providing transfers of money to the farm sector translates into increased economic well-being of farm families. This report shows that changes in income for the farm sector or for any particular group of farm businesses do not necessarily...
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This paper assesses agricultural household-firm unit models to determine a useful typology for agricultural policy assessment that draws upon their use. Both standard and bargaining models for analyzing household decisions, including production, consumption, labor, credit, fertility and child...
Persistent link: https://www.econbiz.de/10005327446
Traditionally, farm households have relatively high saving and low marginal propensity to consume (MPC). In the last decades, this seems to have changed. To investigate these matters, a dynamic consumption model is estimated using a GMM-system estimator and a panel of 258 Norwegian farm...
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When working with micro data one sometimes encounters situations involving qualitative choices in addition to the continuous choices that are the traditional focus of empirical analysis. One such situation arises when we study the increase in multiple job-holdings among farm operators in western...
Persistent link: https://www.econbiz.de/10005806573
This paper provides some information on the experiences in the Netherlands with obtaining micro economic data on household incomes in agriculture. To understand the situation in the Netherlands, the next section gives some background on agriculture and policy making in the Netherlands. This...
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