Machinery Investment Decision and Off-Farm Employment in Rural China

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 rather than substitutes when machinery service is available in the market. Consequently, farmers with small machinery are more likely to reduce their off-time employment time.


Subject(s):
Issue Date:
2011
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/115515
Total Pages:
23
JEL Codes:
Q12




 Record created 2017-04-01, last modified 2017-08-16

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