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This study distinguishes two nonseparable agricultural household models for a self-employed farm household. One assumes heterogeneity of farm and nonfarm labor and a competitive market for nonfarm labor. The other assumes homogeneity of the two types of labor and a restricted market for nonfarm...
Persistent link: https://www.econbiz.de/10014218941
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This study uses an agricultural household model to examine the tradeoff between farm profitability and a household head’s desire for market work. The theoretical analysis is a comparative statics analysis relative to the two variables. Results show that the tradeoff can arise for...
Persistent link: https://www.econbiz.de/10011070125
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics.
Persistent link: https://www.econbiz.de/10005483846