@article{Vogel:138015,
      recid = {138015},
      author = {Vogel, Stephen J.},
      title = {Multi-Enterprising Farm Households:  The Importance of  Their Alternative Business Ventures in the Rural Economy},
      address = {2012-10},
      number = {1476-2016-120945},
      series = {Economic Information Bulletin},
      pages = {36},
      year = {2012},
      abstract = {Almost a third of U.S. farm households generate income by  engaging in business
ventures independent of commodity  production, with distinctly different community and  household benefits. In 2007, 686,600 farm households  engaged in 791,000 income-generating activities distinct  from commodity production, creating $26.7 billion in  household income. Onfarm diversification activities like  agritourism and off-farm business ventures each accounted  for about half of these activities, but off-farm businesses  generated about 80 percent of total alternative (i.e.,  noncommodity) business income earned by farm households,  creating the largest impact on the local economy. Off-farm  businesses operated
by farm households contributed an  estimated $54.6 billion in value-added income to
the gross  regional products of their local economies and paid out  $24.5 billion in wages
and salaries to 853,100 part-time  and full-time employees. In general, the share of the
local  employment base accounted for by farmer-owned off-farm  businesses was higher in more rural counties.},
      url = {http://ageconsearch.umn.edu/record/138015},
      doi = {https://doi.org/10.22004/ag.econ.138015},
}