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Book Consistent Aggregation of Family and Hired Labor in Agricultural Production Functions

Download or read book Consistent Aggregation of Family and Hired Labor in Agricultural Production Functions written by Howard Barnum and published by . This book was released on 1978 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: An estimated production function for the Muda river valley in Malaysia is used to examine three issues: (1) whether or not labor marginal product is zero, (2) whether or not farm households allocate resources efficiently and (3) whether or not agricultural labor markets are characterized by dualism. In areas where an active labor market exists the first two of these issues may be closely related to the third if family and hired labor can be considered separate factors of production. This study shows that if the labor aggregate is defined as the sum of family and hired labor the resulting production function estimate will be subject to specification bias which will render empirical tests of the issues mentioned invalid. Using separate variables for family and hired labor it is shown that the marginal product of family labor is positive and significantly different from zero and that farms are approximately allocatively efficient. The study does find, however, some substantiation for a mild degree of dualism in the labor market.

Book Modelling the Efficiency of Family and Hired Labour

Download or read book Modelling the Efficiency of Family and Hired Labour written by Prem Jung Thapa and published by Routledge. This book was released on 2017-11-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003.The principal economic units in most developing countries are family based farm households. Empirical models that recognize the dual role of the farm household as producer and consumer in a theoretically consistent manner are essential tools for policy analyses. This book provides an important extension of the conventional farm household model by developing an analytical framework that allows for efficiency differences between family and hired labour as inputs in farm production. The model is estimated with survey data from the southern lowland region of Nepal. The estimation strategy is a two-step process. The first step estimates a farm-level production function in which is embedded a test for heterogeneity between family and hired labour. The labour heterogeneity detected in the production function estimation is incorporated, at the second step, in the labour supply estimation in a theoretically consistent manner. The methodological novelty is to relate the shadow wage rate for family labour to the observed market wage rate for hired labour, adjusted for the differential productivity of family and hired labour detected in the production function estimation.

Book Agricultural Household Models

Download or read book Agricultural Household Models written by Inderjit Singh and published by . This book was released on 1986 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.

Book A I D  Research and Development Abstracts

Download or read book A I D Research and Development Abstracts written by and published by . This book was released on 1977 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Sources of Change in Mexican Agricultural Production  1940 65

Download or read book Sources of Change in Mexican Agricultural Production 1940 65 written by Reed Hertford and published by . This book was released on 1971 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Change at Home  in the Labor Market  and on the Job

Download or read book Change at Home in the Labor Market and on the Job written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2020-11-23 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do changes at home, in the labor market and on the job affect worker well-being? This volume of Research in Labor Economics contains eight original and insightful articles answering this question. Seven deal with demographic and labor market change, and one deals with wage differences essentially at a point in time.

Book Migration  Transfers and Economic Decision Making among Agricultural Households

Download or read book Migration Transfers and Economic Decision Making among Agricultural Households written by Calogero Carletto and published by Routledge. This book was released on 2020-08-19 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasing volume of remittances and public transfers in rural areas of the developing world has raised hopes that these cash inflows may serve as an effective mechanism for reducing poverty in the long term by facilitating investments and raising productivity, particularly in agriculture where market failures are most manifest. This book systematically tests the empirical relationship between cash transfers and productive spending in agriculture amongst rural households in six different countries of the developing world. Together, the studies point to little impact of migration and public and private transfers on agricultural productivity, instead facilitating a transition away from agriculture or to a less labour intensive type of agriculture. From a policy perspective the studies raise the question of how to maintain rural economies, as migration and social assistance are unlikely to provide a sustainable way to overcome rural poverty in the long run for those that remain in rural areas. For the foreseeable future, agriculture will play an important role in alleviating poverty and sustaining growth in rural areas. Yet, public and private transfers are not providing much of the impetus needed to raise the sector’s productivity. Whether the transfers are invested in agriculture will ultimately depend on the attractiveness of the sector, which is largely determined by the policies of governments and donors. This book was published as a special issue of the Journal of Development Studies.

Book Agricultural Productivity

Download or read book Agricultural Productivity written by Susan M. Capalbo and published by Routledge. This book was released on 2015-08-11 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, provides a comprehensive, integrated body of knowledge concerning agricultural productivity research, highlighting both its strengths and limitations. This book will be of value to scholars and research leaders for the knowledge it conveys of future productivity research, and will also be of interest to students of environmental studies.

Book Market Effects of Crop Support Measures

Download or read book Market Effects of Crop Support Measures written by OECD and published by OECD Publishing. This book was released on 2001-09-12 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication compares the market impacts of market price support and several kinds of budgetary direct payments using indicators of economic efficiency and trade distortion.

Book Econometric Model of India

Download or read book Econometric Model of India written by Ramgopal Agarwala and published by Routledge. This book was released on 2013-10-23 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1970. Econometric model-building, on the other hand, has been largely confined to the advanced industrialised countries. In the few cases where macro-models have been built for underdeveloped countries (e.g. the Narasimham model (112) for India) the underlying assumptions have been largely of the Keynesian type, and thus in the authors opinion unconnected with the theory of economic development. This study is a modest attempt at econometric model-building on the basis of a model of development of an underdeveloped country.

Book Accession List

    Book Details:
  • Author : University of Wisconsin--Madison. Land Tenure Center. Library
  • Publisher :
  • Release : 1978
  • ISBN :
  • Pages : 528 pages

Download or read book Accession List written by University of Wisconsin--Madison. Land Tenure Center. Library and published by . This book was released on 1978 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Agricultural Economic Report

Download or read book Foreign Agricultural Economic Report written by and published by . This book was released on 1980 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Agricultural Economic Report

Download or read book Foreign Agricultural Economic Report written by United States Department of Agriculture. Economic Research Service and published by . This book was released on 1961 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Discussion Paper

Download or read book Discussion Paper written by and published by . This book was released on 1987 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Can labor market imperfections explain changes in the inverse farm size productivity relationship

Download or read book Can labor market imperfections explain changes in the inverse farm size productivity relationship written by Deininger, Klaus and published by Intl Food Policy Res Inst. This book was released on 2016-06-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand whether and how inverse relationship between farm size and productivity changes when labor market performance improves, we use large national farm panel from India covering a quarter-century (1982, 1999, 2008) to show that the inverserelationship weakened significantly over time, despite an increase in the dispersion of farm sizes. A key reason was the substitution of capital for labor in response to nonagricultural labor demand. In addition, family labor wasmore efficient than hired labor in the 1982–1999 period, but not during the 1999–2008period.In line with labor market imperfections as a key factor, separability of labor supply and demand decisions cannot be rejected in the second period,except in villages with very low nonagricultural labor demand.

Book Economics Working Papers

Download or read book Economics Working Papers written by John Fletcher and published by . This book was released on 1978 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: