| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w20699
|
| 来源ID | Working Paper 20699
|
| Farms, Families, and Markets: New Evidence on Completeness of Markets in Agricultural Settings |
| Daniel LaFave; Duncan Thomas
|
| 发表日期 | 2014-11-24
|
| 出版年 | 2014
|
| 语种 | 英语
|
| 摘要 | The farm household model has played a central role in improving the understanding of small-scale agricultural households and non-farm enterprises. Under the assumptions that all current and future markets exist and that farmers treat all prices as given, the model simplifies households’ simultaneous production and consumption decisions into a recursive form in which production can be treated as independent of preferences of household members. These assumptions, which are the foundation of a large literature in labor and development, have been tested and not rejected in several important studies, including, for example, Benjamin (1992). Using multiple waves of longitudinal survey data from Central Java, Indonesia, this paper tests a key prediction of the recursive model: demand for farm labor is unrelated to the demographic composition of the farm household. The prediction is unambiguously rejected. The rejection cannot be explained by contamination due to unobserved heterogeneity that is fixed at the farm level, local area shocks or farm-specific shocks that affect changes in household composition and farm labor demand. We conclude that the recursive form of the farm household model is not consistent with the data. Developing empirically tractable models of farm households when markets are incomplete remains an important challenge. |
| 主题 | Labor Economics
; Demography and Aging
; Labor Market Structures
; Development and Growth
; Development
; Environmental and Resource Economics
; Agriculture
|
| URL | https://www.nber.org/papers/w20699
|
| 来源智库 | National Bureau of Economic Research (United States)
|
| 引用统计 |
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578373
|
推荐引用方式
GB/T 7714 |
Daniel LaFave,Duncan Thomas. Farms, Families, and Markets: New Evidence on Completeness of Markets in Agricultural Settings. 2014.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
