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2005•Journal of Agricultural and Applied EconomicsOpen access

Farm Household Income and On- and Off-Farm Diversification

Kevin T. McNamara, Christoph R. Weiss

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Abstract

The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farms tend to be more diversified. Younger farmers are more likely to work off-farm. Larger farm households tend to allocate more labor to off-farm income activities.

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What this paper is about

The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farms tend to be more diversified. Younger farmers are more likely to work off-farm. Larger farm households tend to allocate more labor to off-farm income activities.

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Available abstract

The paper analyzes the relationship between off-farm labor allocation and on-farm enterprise diversification as farm household income stabilization strategies with census data from the federal state of Upper Austria, Austria. The results suggest that both on-farm diversification and off-farm labor allocation are related to farm and household characteristics. Larger farms tend to be more diversified. Younger farmers are more likely to work off-farm. Larger farm households tend to allocate more labor to off-farm income activities.

Key concepts: Diversification (marketing strategy), Farm income, Census, Agricultural diversification, Household income, Business, Farm workers, Small farm

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