Fishing and non-fishing income decisions: the role of human capital and family structure
Eskander, Shaikh M.S.U.; Barbier, Edward B.; and Gilbert, Ben
(2018)
Fishing and non-fishing income decisions: the role of human capital and family structure
Land Economics, 94 (1).
pp. 114-136.
ISSN 0023-7639
Resource-dependent households often diversify their income. We model demand for remittances and supply of off-resource labor as a joint decision, and discuss household tradeoffs. We extend the off-farm labor supply literature to a rural fishery, contrasting our results to common findings in the farm literature and providing empirical evidence of the interdependence between education and family structure in determining income diversification. Using a unique dataset from Malaysia, we find that more educated households are less likely to diversify their income, with caveats depending on family composition. Policy implications for resource management in a remittance economy with alternative livelihoods are discussed.
| Item Type | Article |
|---|---|
| Copyright holders | © 2017 The Board of Regents of the University of Wisconsin System |
| Departments | Grantham Research Institute |
| DOI | 10.3368/le.94.1.114 |
| Date Deposited | 25 Apr 2017 10:46 |
| Acceptance Date | 2017-03-15 |
| URI | https://researchonline.lse.ac.uk/id/eprint/74318 |