Determinants of Farm Household Income Diversification in the United States: Evidence from Farm-Level Data

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dc.creatorMishra, Ashok K.
dc.creatorErickson, Kenneth W.
dc.creatorHarris, James Michael
dc.creatorHallahan, Charles B.
dc.creatorUematsu, Hiroki
dc.date2017-04-01T18:12:10Z
dc.date.accessioned2026-07-09T05:11:32Z
dc.descriptionThis study examines the determinants of income diversification of farm households in the United States. Farm households allocate their time between farm and off-farm activities to help stabilized household income (consumption). What characterizes those households who engage in off-farm activities? Is there any pattern over time? Using 1999, 2003 and 2007 farm-level data from the USDA’s Agricultural Resource Management Survey (ARMS), this study estimates intensity of off-farm income (or income diversification). The results show that older operators, full owners, and small farms have higher intensity of off-farm income in total household income. In contrast, dairy farms, vertically coordinated farms and farms located in the Southern and Pacific regions have lower intensity of off-farm income. In other words, household incomes of these farms are less likely to be diversified.
dc.identifierdoi:10.22004/ag.econ.61632
dc.identifierhttps://ageconsearch.umn.edu/record/61632/files/11394%20Mishra%20Erickson%20Harris%20Hallahan%20and%20Uematsu_final.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/61632
dc.identifier.urihttp://hdl.handle.net/123456789/560289
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/61632
dc.titleDeterminants of Farm Household Income Diversification in the United States: Evidence from Farm-Level Data
dc.typeText

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