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Fertilizer Use, Risk, and Off-Farm Labor Markets in the Semi-Arid Tropics of India.
- Source :
- American Journal of Agricultural Economics; May2003, Vol. 85 Issue 2, p359-371, 13p, 2 Charts, 1 Graph
- Publication Year :
- 2003
-
Abstract
- A two-period model is developed in which a risk-averse farmer uses off-farm labor to smooth consumption, leading to greater use of fertilizer. Fertilizer demand is shown to increase with the depth of the off-farm labor market. Controlling for exogenous weather risk, farmers use more fertilizer the lower the unemployment rate and the higher the share of nonagricultural work in total off-farm labor. The results suggest that off-farm labor markets and own-farm production may be complementary in risky production environments, so that policies which promote the depth of the off-farm labor market in low-income areas may also bolster farm productivity. [ABSTRACT FROM AUTHOR]
- Subjects :
- FERTILIZERS
LABOR market
CONSUMPTION (Economics)
Subjects
Details
- Language :
- English
- ISSN :
- 00029092
- Volume :
- 85
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- American Journal of Agricultural Economics
- Publication Type :
- Academic Journal
- Accession number :
- 9584731
- Full Text :
- https://doi.org/10.1111/1467-8276.00125