Assets, activities and income generation in rural Mexico: Factoring in social and public capital
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
In recent years, there has been increasing emphasis in the rural development literature on the multiple income-generating activities undertaken by rural households and the importance of assets in determining the capacity to undertake these activities. Controlling for endogeneity choice and applying Lee’s generalization of Amemiya’s two-step estimator to a simultaneous equation model, household returns to assets from multiple activities are explored for the Mexico ejido sector. The results indica te that the asset position of the household has a significant effect on household participation in income-generating activities and returns to these activities. Furthermore, the inclusion of measures of social and public capital into the analysis show that these assets play an important role in income-generating activities and that the influence is dependent on the type of social and public capital as well as the particular activity.