IDEAS home Printed from https://ideas.repec.org/p/ags/saea15/196860.html
   My bibliography  Save this paper

Interlinked diversification strategies: Evidence from farm business households

Author

Listed:
  • Khanal, Aditya
  • Mishra, Ashok

Abstract

We analyze the factors influencing farmer’s diversification decisions while taking into account the simultaneous decision making. Using a national data on farm-level in the US and a multivariate analysis, our study suggests that agricultural, structural, environmental, and income diversification strategies are interlinked.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Khanal, Aditya & Mishra, Ashok, 2015. "Interlinked diversification strategies: Evidence from farm business households," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196860, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea15:196860
    DOI: 10.22004/ag.econ.196860
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/196860/files/Paper_SAEA_2015_Khanal.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.196860?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Vogel, Stephen J., 2012. "Multi-Enterprising Farm Households: The Importance of Their Alternative Business Ventures in the Rural Economy," Economic Information Bulletin 138015, United States Department of Agriculture, Economic Research Service.
    2. Catherine Benjamin & Ayal Kimhi, 2006. "Farm work, off-farm work, and hired farm labour: estimating a discrete-choice model of French farm couples' labour decisions," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 33(2), pages 149-171, June.
    3. Aditya R. Khanal & Ashok K. Mishra, 2014. "Agritourism and off-farm work: survival strategies for small farms," Agricultural Economics, International Association of Agricultural Economists, vol. 45(S1), pages 65-76, November.
    4. Ali, Mir B., 2002. "Characteristics and Production Costs of U.S. Wheat Farms," Statistical Bulletin 262280, United States Department of Agriculture, Economic Research Service.
    5. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, November.
    6. Joo, Hyunjeong & Khanal, Aditya R. & Mishra, Ashok K., 2013. "Farmers’ Participation in Agritourism: Does It Affect the Bottom Line?," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 42(3), pages 1-20, December.
    7. Mansury, Yuri & Hara, Tadayuki, 2007. "Impacts of Organic Food Agritourism on a Small Rural Economy: A Social Accounting Matrix Approach," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(3), pages 1-10.
    8. Bagi, Faqir Singh & Reeder, Richard J., 2012. "Factors Affecting Farmer Participation in Agritourism," Agricultural and Resource Economics Review, Cambridge University Press, vol. 41(2), pages 189-199, August.
    9. Abdulai, Awudu & CroleRees, Anna, 2001. "Determinants of income diversification amongst rural households in Southern Mali," Food Policy, Elsevier, vol. 26(4), pages 437-452, August.
    10. Foreman, Linda F., 2013. "Characteristics of U.S. Cotton Farms Vary Widely," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, pages 1-4, February.
    11. Lorenzo Cappellari & Stephen P. Jenkins, 2003. "Multivariate probit regression using simulated maximum likelihood," Stata Journal, StataCorp LLC, vol. 3(3), pages 278-294, September.
    12. Bartolini, Fabio & Andreoli, Maria & Brunori, Gianluca, 2014. "Explaining determinants of the on-farm diversification: empirical evidence from Tuscany region," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 3(2), pages 1-21, August.
    13. Bagi, Faqir Singh & Reeder, Richard J., 2012. "Factors Affecting Farmer Participation in Agritourism," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(2), pages 1-11, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Boncinelli, Fabio & Bartolini, Fabio & Casini, Leonardo, 2018. "Structural factors of labour allocation for farm diversification activities," Land Use Policy, Elsevier, vol. 71(C), pages 204-212.
    2. Ramon Felipe Bicudo da Silva & Mateus Batistella & James D. A. Millington & Emilio Moran & Luiz A. Martinelli & Yue Dou & Jianguo Liu, 2020. "Three Decades of Changes in Brazilian Municipalities and Their Food Production Systems," Land, MDPI, vol. 9(11), pages 1-17, October.
    3. Sudip Adhikari & Aditya R. Khanal, 2021. "Economic Sustainability and Multiple Risk Management Strategies: Examining Interlinked Decisions of Small American Farms," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
    4. Hopkins, Jonathan & Sutherland, Lee-Ann & Ehlers, Melf-Hinrich & Matthews, Keith & Barnes, Andrew & Toma, Luiza, 2017. "Scottish farmers' intentions to afforest land in the context of farm diversification," Forest Policy and Economics, Elsevier, vol. 78(C), pages 122-132.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aditya R. Khanal & Ashok K. Mishra & Omobolaji Omobitan, 2019. "Examining organic, agritourism, and agri-environmental diversification decisions of American farms: are these decisions interlinked?," Review of Agricultural, Food and Environmental Studies, Springer, vol. 100(1), pages 27-45, December.
    2. Sudip Adhikari & Aditya R. Khanal, 2021. "Economic Sustainability and Multiple Risk Management Strategies: Examining Interlinked Decisions of Small American Farms," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
    3. Khanal, Aditya R. & Mishra, Ashok & Koirala, Krishna H., 2014. "Participation in Agritourism and Off-farm Work: Do Small Farms Benefit?," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162453, Southern Agricultural Economics Association.
    4. Aditya R. Khanal & Ashok K. Mishra, 2014. "Agritourism and off-farm work: survival strategies for small farms," Agricultural Economics, International Association of Agricultural Economists, vol. 45(S1), pages 65-76, November.
    5. Boncinelli, Fabio & Bartolini, Fabio & Casini, Leonardo, 2018. "Structural factors of labour allocation for farm diversification activities," Land Use Policy, Elsevier, vol. 71(C), pages 204-212.
    6. Reginald Holland & Aditya R. Khanal & Purushottam Dhungana, 2022. "Agritourism as an Alternative On-Farm Enterprise for Small U.S. Farms: Examining Factors Influencing the Agritourism Decisions of Small Farms," Sustainability, MDPI, vol. 14(7), pages 1-12, March.
    7. Cristina Salvioni & Roberto Henke & Francesco Vanni, 2020. "The Impact of Non-Agricultural Diversification on Financial Performance: Evidence from Family Farms in Italy," Sustainability, MDPI, vol. 12(2), pages 1-14, January.
    8. Matthias Firgo & Dieter Pennerstorfer, 2023. "The causal effect of agritourism on farm survival," Economics working papers 2023-15, Department of Economics, Johannes Kepler University Linz, Austria.
    9. Elbek Togaymurodov & Michał Roman & Piotr Prus, 2023. "Opportunities and Directions of Development of Agritourism: Evidence from Samarkand Region," Sustainability, MDPI, vol. 15(2), pages 1-12, January.
    10. Fleming, Patrick, 2014. "A Model of Agricultural Land Use, Costs, and Water Quality in the Chesapeake Bay," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170373, Agricultural and Applied Economics Association.
    11. Brunella Arru & Roberto Furesi & Fabio A. Madau & Pietro Pulina, 2019. "Recreational Services Provision and Farm Diversification: A Technical Efficiency Analysis on Italian Agritourism," Agriculture, MDPI, vol. 9(2), pages 1-15, February.
    12. Anna Tafidou & Evgenia Lialia & Angelos Prentzas & Asimina Kouriati & Eleni Dimitriadou & Christina Moulogianni & Thomas Bournaris, 2023. "Land Diversification and Its Contribution to Farms’ Income," Land, MDPI, vol. 12(4), pages 1-12, April.
    13. Hammon, Angelina & Zinn, Sabine, 2020. "Multiple imputation of binary multilevel missing not at random data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 69(3), pages 547-564.
    14. Lorenzo Cappellari & Stephen P. Jenkins, 2006. "Calculation of multivariate normal probabilities by simulation, with applications to maximum simulated likelihood estimation," Stata Journal, StataCorp LLC, vol. 6(2), pages 156-189, June.
    15. Vellema, W. & Buritica Casanova, A. & Gonzalez, C. & D’Haese, M., 2015. "The effect of specialty coffee certification on household livelihood strategies and specialisation," Food Policy, Elsevier, vol. 57(C), pages 13-25.
    16. Hoque, Mohammad Mainul & Artz, Georgeanne M. & Jarboe, Darren H. & Martens, Bobby J., 2015. "Producer Participation In Biomass Markets: Farm Factors, Market Factors, And Correlated Choices," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 47(3), pages 317-344, August.
    17. Peter Haan & Arne Uhlendorff, 2006. "Estimation of multinomial logit models with unobserved heterogeneity using maximum simulated likelihood," Stata Journal, StataCorp LLC, vol. 6(2), pages 229-245, June.
    18. Richard Gates, 2006. "A Mata Geweke–Hajivassiliou–Keane multivariate normal simulator," Stata Journal, StataCorp LLC, vol. 6(2), pages 190-213, June.
    19. Schmidt, Claudia & Tian, Zheng & Goetz, Stephan J. & Chase, Lisa, 2022. "Drivers of Agritourism and Direct Sales Clusters in the United States," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322207, Agricultural and Applied Economics Association.
    20. David Roodman, 2009. "Estimating Fully Observed Recursive Mixed-Process Models with cmp," Working Papers 168, Center for Global Development.

    More about this item

    Keywords

    Agribusiness; Agricultural and Food Policy; Agricultural Finance; Farm Management;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea15:196860. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.