AgEcon Search

AgEcon Search >
       Canadian Agricultural Economics Society >
          Annual Meeting, 2010, Denver Colorado, July 25-27 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/60915

Title: The Influence of Market Barriers and Farm Income Risk on Non-Farm Income Diversification
Authors: Olale, Edward
Nazli, Hina
Authors (Email): Olale, Edward (eolale@uoguelph.ca)
Nazli, Hina (hnazli@uoguelph.ca)
Keywords: market barriers
farm income risk
income diversification
Issue Date: 2010-04-27
Series/Report no.: Selected Paper
Abstract: Empirical evidence shows that non-farm income diversification is associated with higher welfare among farm households. However, most studies have ignored market barriers and farm income risk in explaining income diversification behaviour. This study develops an analytical framework that includes both market barriers and farm income risk, in addition to other factors, in explaining income diversification behaviour. The analytical framework is used to test the hypotheses that: market barriers reduce the intensity of non-farm income diversification; and farm income risk increases the intensity of non-farm income diversification. The results confirm the hypotheses, suggesting that market barriers and farm income risk are key factors in explaining income diversification behaviour of farm households. Future studies should, therefore, consider the two factors in the analysis of income diversification behaviour.
URI: http://purl.umn.edu/60915
Institution/Association: Canadian Agricultural Economics Society>Annual Meeting, 2010, Denver Colorado, July 25-27
Total Pages: 17
Collections:Annual Meeting, 2010, Denver Colorado, July 25-27

Files in This Item:

File Description SizeFormat
non-farm paper.pdfMain Paper116KbPDFView/Open
Recommend this item

All items in AgEcon Search are protected by copyright.

 

 

Brought to you by the University of Minnesota Department of Applied Economics and the University of Minnesota Libraries with cooperation from the Agricultural and Applied Economics Association.

All papers are in Acrobat (.pdf) format. Get Adobe Reader

Contact Us

Powered by: