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Off-Farm Income, Technology Adoption, and Farm Economic Performance
英文名称:
Off-Farm Income, Technology Adoption, and Farm Economic Performance
作者:
Jorge Fern; ez-Cornejo
工作单位:
USDA's Economic Research Service
来源地址:
https://www.ers.usda.gov/publications/pub-details/?pubid=45744
关键词:
Off-farm incomefarm householdseconomic performancemanagerial timescale economiesscope economiestechnical efficiencytechnology adoptionfarm sizeAgricultural Economics
年份:
2007
出版地:
Washington, DC, USA
总页数:
53 pp
语种:
English
摘要:
The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe the outcomes of such decisions, such as onfarm and off-farm income. This report finds that a farm operator's off-farm employment and off-farm income vary inversely with the size of the farm. Operators of smaller farm operations improve their economic performance by compensating for the scale disadvantages of their farm business with more off-farm involvement. Off-farm work reduces farm-level technical efficiency, but increases household-level technical efficiency. And adoption of agricultural innovations that save managerial time is associated with higher off-farm income.

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