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A sample of Iowa farm couples is used to evaluate whether off-farm labor supply decisions respond to permanent and transitory components of farm income. Off-farm labor supply of both spouses declines in response to increases in permanent farm income. Farm wives also reduce off-farm labor supply...
Persistent link: https://www.econbiz.de/10005290896
This paper examines factors affecting the role of individual, farm production, family finance, and regional characteristics in affecting labor force decisions by farm households. Young, more educated households are much more likely to work off-farm, suggesting that off-farm labor has become an...
Persistent link: https://www.econbiz.de/10005460294
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Persistent link: https://www.econbiz.de/10006955748
T.W. Schultz (1975) proposed that returns to human capital were highest in economicenvironments where technology, price or production shocks were common and managerial skillsto adapt resource allocations to those shocks were most in need. We hypothesize that variationin returns to human capital...
Persistent link: https://www.econbiz.de/10009305073
Rural communities compete with each other for firms, but their residents often commute large distances to work. Consequently, rural communities can benefit from economic growth occurring as much as 50 miles away. Data on county population growth shows that counties benefit from growth one or two...
Persistent link: https://www.econbiz.de/10005807316
Considerable controversy exists regarding the costs and benefits of growth in the meat packing and processing industry for rural counties. This study investigates the effects of this industry on social and economic outcomes in nonmetropolitan counties of 23 Midwestern and Southern states from...
Persistent link: https://www.econbiz.de/10009397414
An empirical model of joint decisions of where to live and where to work demonstrates that individuals make residential and job location choices by trading off wages, housing prices, and commuting costs. Wages are higher in metropolitan markets, but housing prices are also higher in urban areas....
Persistent link: https://www.econbiz.de/10009398218
Growth in the meat packing and processing industry in the Midwestern United States has generated a significant amount of debate regarding the costs and benefits of this type of economic development. This research employs 1990-2000 proprietary data from the Bureau of Labor Statistics'’...
Persistent link: https://www.econbiz.de/10009442939
Considerable controversy exists regarding the costs and benefits of growth in the meatpacking and processing industry in the rural Midwest. This study uses proprietary datafrom the Bureau of Labor Statistics’ Longitudinal Database (LDB) to investigate theeffects of this industry on social and...
Persistent link: https://www.econbiz.de/10009418949