Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234593 
Year of Publication: 
2008
Citation: 
[Journal:] South East European Journal of Economics and Business [ISSN:] 2233-1999 [Volume:] 3 [Issue:] 2 [Publisher:] University of Sarajevo, Faculty of Economics [Place:] Sarajevo [Year:] 2008 [Pages:] 39-48
Publisher: 
University of Sarajevo, Faculty of Economics, Sarajevo
Abstract: 
This paper provides an analysis of socio-economic characteristics and their influence on farm and non-farm incomes of rural households in Slovenia. With the canonical correlation analysis we use a methodological approach that offers a true multivariate procedure for both sides of the equation. It thus goes beyond a simple pair-wise correlation analysis and also beyond multiple correlation analysis. This rather rarely used statistical method offers interesting insights into many fields of analytical applications. Our results confirm that rural households usually turn towards non-farm employment if distress-push factors prevail. Besides insufficient farm incomes, large household sizes push households into non-farm diversification. Employment opportunities in the non-farm sector- regardless of whether triggered by distress in the household or demand in the non-farm sector- depend strongly on education.
Subjects: 
canonical correlation analysis
Slovenia
rural non-farm sector
diversification
JEL: 
D10
J20
R20
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

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