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• 1. Farm Income Variability and Off-Farm Diversification in Canadian Agriculture Archived

  Articles and reports: 21-601-M2011093

  Geography: Canada

  Description:

  For a majority of farm families and operators in OECD countries, off-farm or non-farm occupations have become a significant source of income and a major determinant of their well-being. This study investigates the use of off-farm employment by the operator as a tool to reduce the variability of the total income of the farm operator. A two-part model is developed to estimate the impact of farm income risk on the decision to participate in the off-farm labour market and the level of off-farm employment income. Longitudinal farm operator level data for about 31,305 Canadian farm operators from 2001 to 2006 are used for this study. The variability of farm gross market revenue is found to positively affect the likelihood of off-farm work and the level of off-farm employment income, in particular for operators of large commercial farms. The ability of a significant number of operators of larger farms to increase their coping capacity through off-farm employment income suggests the presence of substantial interactions between off-farm income and farm income stabilization policies. Consequently, the focus of agricultural policies on risk management and income stabilization reinforces the linkages between rural and agricultural policies. In particular, it appears that policies designed to facilitate access to off-farm work or to enhance off-farm opportunities, such as rural development programs, could contribute to achieve some objectives underlying agricultural income stabilization programs. These results reinforce the need for coherent rural and agricultural policies, and reinforce the argument for place-based policy that augments the opportunities for all residents in a locality, not just those in a specific sector.

  Release date: 2011-11-22

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• 2. Statistics on Income of Farm Families Archived

  Table: 21-207-X

  Description:

  This publication provides information on sources and levels of farm and off-farm income for farm families by province, type of farm (based on the North American Industry Classification System) and farm typology (based on age of operator, dependence on farm revenues and income level).

  Distributional tables on income of farm families are also presented. This publication also includes data highlights and information on concepts, methods and data quality. A relevant article on the story emanating from the data is also featured.

  Data from Canada Revenue Agency's income tax returns of farm families operating a single unincorporated farm provide the statistical basis for this publication.

  Release date: 2011-07-26

Data (1) ((1 result))

• 1. Statistics on Income of Farm Families Archived

  Table: 21-207-X

  Description:

  This publication provides information on sources and levels of farm and off-farm income for farm families by province, type of farm (based on the North American Industry Classification System) and farm typology (based on age of operator, dependence on farm revenues and income level).

  Distributional tables on income of farm families are also presented. This publication also includes data highlights and information on concepts, methods and data quality. A relevant article on the story emanating from the data is also featured.

  Data from Canada Revenue Agency's income tax returns of farm families operating a single unincorporated farm provide the statistical basis for this publication.

  Release date: 2011-07-26

Analysis (1) ((1 result))

• 1. Farm Income Variability and Off-Farm Diversification in Canadian Agriculture Archived

  Articles and reports: 21-601-M2011093

  Geography: Canada

  Description:

  For a majority of farm families and operators in OECD countries, off-farm or non-farm occupations have become a significant source of income and a major determinant of their well-being. This study investigates the use of off-farm employment by the operator as a tool to reduce the variability of the total income of the farm operator. A two-part model is developed to estimate the impact of farm income risk on the decision to participate in the off-farm labour market and the level of off-farm employment income. Longitudinal farm operator level data for about 31,305 Canadian farm operators from 2001 to 2006 are used for this study. The variability of farm gross market revenue is found to positively affect the likelihood of off-farm work and the level of off-farm employment income, in particular for operators of large commercial farms. The ability of a significant number of operators of larger farms to increase their coping capacity through off-farm employment income suggests the presence of substantial interactions between off-farm income and farm income stabilization policies. Consequently, the focus of agricultural policies on risk management and income stabilization reinforces the linkages between rural and agricultural policies. In particular, it appears that policies designed to facilitate access to off-farm work or to enhance off-farm opportunities, such as rural development programs, could contribute to achieve some objectives underlying agricultural income stabilization programs. These results reinforce the need for coherent rural and agricultural policies, and reinforce the argument for place-based policy that augments the opportunities for all residents in a locality, not just those in a specific sector.

  Release date: 2011-11-22

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