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Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
Memorandum No. 2006,05
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
Farm couples' labour market responses are partly the qualitative choice of entering the ff-farm labour market and partly the continuous choice of the number of on-farm and off-farm working hours, given entry. Such a setting is interesting when examining the increasing occurrence of multiple job-holdings among farmers in western economies. This paper presents a unified framework for handling such discrete/continuous choices, involving optimisation of farm production, household consumption, and multiple job-holdings for both husband and wife. A two-equation censoring panel data model is implemented and estimated from Norwegian panel data for 342 farms observed over a ten-year period.
Schlagwörter: 
Labour
supply
Agriculture
Multiple
job-holding
Time
allocation
Bivariate
censoring
Panel
data
Heterogeneity
JEL: 
C34
D21
J22
J43
Dokumentart: 
Working Paper

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