Off-farm labor supply and fertilizer use
Abstract: I develop a two-period stochastic dynamic programming model to explain the interaction between fertilizer use and off-farm labor supply. Using a well-known sample of Indian farmers, I find that fertilizer use responds strongly to the village wage and that irrigation raises fertilizer use, while larger farmers use less fertilizer (per acre) than smaller ones. Response to one-sided production shocks, is stronger for female labor, indicating that it is more important for smoothing consumption than male labor.
File(s): File format is text/html http://www.federalreserve.gov/pubs/feds/1996/199649/199649abs.html
File(s): File format is application/pdf http://www.federalreserve.gov/pubs/feds/1996/199649/199649pap.pdf
Part of Series: Finance and Economics Discussion Series
Publication Date: 1996