Can off farm employment affect the privatization of social safety net? The case of self-employed farm households
Journal
Food Policy
Journal Volume
37
Journal Issue
1
Pages
94-101
Date Issued
2012
Author(s)
Mishra, A.K.
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. © 2011 Elsevier Ltd.
SDGs
Type
journal article