In the international comparison the structure of milk production in Austria is small scale. The present study presents two theoretical approaches to explain the persistence of small dairy farms in Austria: the opportunity cost principle and the theory of the agricultural household. With regard...

Structural adjustment is defined as the farm household’s behavior of changing its existing farm asset distribution toward more specialized or diversified directions. Farm households are classified into agricultural or non-agricultural based ones. Estimated expected income through switching...

This research aimed at analysing the demand and allocation of credit and capital supports by farm household and impact on production, consumption, and investment. The research was conducted in East Nusa Tenggara Timur (ENT) Province, one of targeted region of credit and capital supports policy...

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...

There is a widely held view that off-farm income in developing countries tends to reduce poverty, leading to the conclusion that policies should focus on the further diversification of income options of rural households. However, much off-farm employment might be initiated rather as a survival...

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...

There is a widely held view that off-farm income in developing countries tends to reduce poverty, leading to the conclusion that policies should focus on the further diversification of income options of rural households. However, much off-farm employment might be initiated rather as a survival...