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標題: Labor supply, income, and welfare of the farm household
作者: Chang, Yang-Ming
Huang, Biing-Wen
Chen, Yun-Ju
關鍵字: Off-farm labor supply;Family and hired labor;Off-farm employment constraints
Project: Labour Economics, Volume 19, Page(s) 427–437.
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 with and without
off-farm employment constraints, we show that imperfect substitutability between family labor and
hired labor is not critical to the separation of household production and consumption. The validity of the separation
proposition is shown to depend crucially on whether or not the availability of off-farm job opportunities
is limited. We further examine how changes in external economic conditions and government policies
affect the time allocation decisions of the household, as well as the composition of household income (i.e., onfarm
income and off-farm labor earnings).
ISSN: 0927-5371
DOI: 10.1016/j.labeco.2012.03.004
Appears in Collections:應用經濟學系

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