Structural transformation is a process by which the relative contribution of nonagricultural sectors to the overall economy rises as agriculture’s share declines in relative terms. In absolute terms, however, agriculture continues to grow and contribute to overall economic growth. Agricultural productivity growth and increased farm incomes are prerequisites for structural transformation. Increa...

If farmers are risk averse, greater farm income variability should increase off-farm labor supply. This effect is confirmed for a sample of Kansas farmers. Off-farm employment of farmers and their spouses is also found to be significantly influenced by farm experience, off-farm work experience, farm size, leverage, efficiency, and farm-specific education. In addition, farm operators and spouses...

This study analyzed the impact of off-farm earnings on the intensity of adoption of improved maize varieties and the productivity of maize farming in Uganda in the years 2005/06 and 2009/10. Summary statistics show significantly higher adoption intensity and expenditure on purchased inputs among households with off-farm income relative to their counterparts without off-farm income. Households w...

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 ...

This article examines the impact of cognitive skills on the income of households in Ghana. It uses scores on mathematics and English tests to measure cognitive skills and estimates the returns to these skills based on farm profit, off-farm income, and total income. The article uses Powell’s censored least absolute deviations and symmetrically trimmed least squares estimators to estimate farm an...

times, but more uncertainty seems to be hallmarks for 2008. Agriculture is experiencing the best times since the 1970s. It’s finally a boom for Indiana farmers and agribusinesses. Farm incomes are up. Equity is way up due to a 17% increase in land values. Farm families on average are on their strongest financial footing in 50 years. These better times are being driven by a worldwide surge in th...

This study analysed factors influencing food security status of female headed farm households in Abia state, Nigeria. Multistage random sampling technique was employed in selecting 240 female headed farm households from whom data were collected using structured questionnaire. Data collected were analyzed using descriptive statistics, food security indices and probit regression technique. Result...

This study assesses the reported farm income crisis in Canada and uses farm financial data to illustrate the importance and impact that management skills and practices have on farm income and net worth. For grain and oilseed farms, large farms produce higher revenues per hectare and achieve economies of scale on operating expenses, interest and depreciation, making them significantly more profi...

The study on gender and net farm income of cassava-based farmers under individual land tenure system was done in Abia State of Nigeria. The main objective was to determine the Net Farm Income (NFI) and the Benefit Cost Ratio (BCR) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. A multi-stage random sampling technique was adopted while data we...

The extent to which farm families engage in off-farm employment activities is a topic of central importance to understanding the financial well-being of farm households. The degree of financial stress experienced by U.S. farm families is always a concern to policy makers. Yet, policy considerations often ignore the substantial involvement of most farm households in nonfarm labor markets. It has...