| ID | 110251 |
| Title Proper | Machinery investment decision and off-farm employment in rural China |
| Language | ENG |
| Author | Ji, Yueqing ; Yu, Xiaohua ; Zhong, Funing |
| Publication | 2012. |
| Summary / Abstract (Note) | This paper investigates the endogenous 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-sized machinery investment are gross complements rather than substitutes when machinery services are available in the market. Consequently, farmers with small-sized machinery are more likely to reduce their off-farm employment time. On the other hand, an increase in off-farm employment is more likely to reduce the possibility of possessing small-sized machineries mainly due to substitution effects of market machinery services. |
| `In' analytical Note | China Economic Review Vol. 23, No.1; Mar 2012: p.71-80 |
| Journal Source | China Economic Review Vol. 23, No.1; Mar 2012: p.71-80 |
| Key Words | Small - Size Machinery ; Off - Farm Employment ; Complements ; China |