Labor supply, income, and welfare of the farm household

Considering family labor and hired labor as heterogeneous inputs, we present a theoretical framework in which the optimal decisions of a farm household on on-farm family and hired labor, off-farm labor supply, and leisure are determined uniquely and endogenously. Focusing on two alternative settings...

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Veröffentlicht in:	Labour economics 2012-06, Vol.19 (3), p.427-437
Hauptverfasser:	Chang, Yang-Ming, Huang, Biing-Wen, Chen, Yun-Ju
Format:	Artikel
Sprache:	eng
Schlagworte:	Decision theory Family and hired labor Family income Farmers Farmworkers Households Labor economics Labor supply Off-farm employment constraints Off-farm labor supply Studies
Online-Zugang:	Volltext
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