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The Supply of Off‐Farm Labor: A Random Coefficients Approach
Author(s) -
Lass Daniel A.,
Gempesaw Conrado M.
Publication year - 1992
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1242494
Subject(s) - spouse , operator (biology) , function (biology) , econometrics , supply , sample (material) , variation (astronomy) , random error , economics , random variable , microeconomics , mathematics , statistics , physics , biochemistry , chemistry , repressor , evolutionary biology , sociology , biology , anthropology , transcription factor , astrophysics , gene , thermodynamics
A joint model of off‐farm labor decisions for farm operator and spouse is presented. Attention is given to operator and spouse participation decisions as well as associated problems of multiple sample selectivity biases. Two‐stage fixed and random coefficient methods, corrected for possible selectivity biases, are used to estimate supply function parameters. Results indicate that supply function parameters are random. Variation in important supply parameters is investigated. Results also illustrate the importance of spouse decisions on off‐farm labor supply function structure.