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Title:Machinery investment decision and off-farm employment in rural China PDF Logo
Authors:Ji, Yueqing
Zhong, Funing
Yu, Xiaohua
Issue Date:2011
Series/Report no.:IAMO Forum 2011 5
Abstract:This paper investigates the linkages between farmers' machinery investment decision and off-farm employment in China. Both the theoretical model and the empirical results based on a survey of 453 households in Anhui Province indicate that agricultural labor input and small-size machinery investment are gross complements rahter tha substitutes when machinery service is available in the market. Consequently, farmers with small machinery are more likely to reduce their off-time employment time.
Subjects:Small-size Machinery
Off-Farm employment
Complements
China
JEL:Q12
Document Type:Conference Paper
Appears in Collections:IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth

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