Can off farm employment affect the privatization of social safety net? The case of self-employed farm households

Ashok K. Mishra, Hung Hao Chang

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

This study uses a two-stage econometric framework with farm household level data to investigate whether off-farm work of operators and spouses influences healthcare expenditures and retirement savings. Results indicate that agricultural policy discourages off-farm work by farm operators and spouses. However, off-farm work decisions of farm couples significantly decrease healthcare expenditures and increase retirement savings of farm households in the US. The effect of farm spouse's off-farm employment on household retirement saving is more pronounced. These conclusions can extend to middle-income countries where off-farm work may enable farmers to afford better healthcare and retirement pension plans.

Original languageEnglish (US)
Pages (from-to)94-101
Number of pages8
JournalFood Policy
Volume37
Issue number1
DOIs
StatePublished - Feb 1 2012
Externally publishedYes

Keywords

  • Agricultural policy
  • Healthcare expenditures
  • Off-farm work
  • Retirement savings

ASJC Scopus subject areas

  • Food Science
  • Development
  • Sociology and Political Science
  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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