£123.98

Routledge Modelling the Efficiency of Family and Hired Labour

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Description

Explore a significant advancement in agricultural economics with this Routledge Revivals title. This book addresses the fundamental role of family-based farm households, which serve as the primary economic units in most developing nations. It provides a necessary extension to conventional farm household models by introducing an analytical framework that accounts for efficiency differences between family and hired labor as production inputs. By recognizing the dual role of the farm household as both producer and consumer, this work offers a theoretically consistent approach for policy analysis. The model is supported by empirical evidence using survey data from southern Nepal, making it a practical resource for researchers and students in the fields of international accounting, business, and agricultural economics. This edition brings back essential academic insights into the study of developing country economic structures.

Key Features

Provides an analytical framework to compare the efficiency of family labor versus hired labor in farm production.

Develops an extended farm household model that recognizes the dual role of households as both producers and consumers.

Offers a theoretically consistent tool designed for effective policy analysis in developing countries.

Includes empirical model estimations based on specific survey data from southern Nepal.

Serves as a vital resource for understanding the economic units of family-based farm households.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
27 October 2017
Listed Since
22 April 2017

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