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Wage and Salary Income: A “Big Crop” for People with Farm Earnings

Published online by Cambridge University Press:  10 May 2017

Donald K. Larson
Donald K. Larson*
Affiliation:
Economic Research Service, U.S. Department of Agriculture, Washington, D.C.
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Extract

Historically, farm families relied primarily on income from farming for family living needs. Income from off-farm sources was usually of minor importance to the family. However, as mechanical and technological revolutions reduced total labor requirements needed in farming, many farmers combined farming with a nonfarm job to stabilize or increase their family income and improve their overall economic situation. The purpose of this paper is to examine the importance of off-farm income among people with farm earnings, especially the wage and salary component of off-farm income.

Type
Research Article
Information
Journal of the Northeastern Agricultural Economics Council , Volume 3 , Issue 1 , May 1974 , pp. 64 - 75
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

∗

The views expressed are the author's and do not necessarily represent those of the U.S. Department of Agriculture. Appreciation is extended to Mary Darhanian for assistance in compiling the data.

References

1 Bonnen, James T., Hildreth, James, Judge, George, Tolley, George, and Trelogan, Harry, “Our Obsolete Data Systems: New Directions and Opportunities,” The AAEA Committee on Economic Statistics, American Journal of Agricultural Economics. Vol. 54, No. 5, December 1972.Google Scholar
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7 U.S. Department of Agriculture, Agricultural Statistics, U.S. Government Printing Office, Washington, D.C., 1973.Google Scholar