Management and Risk Characteristics of Part-Time and Full-Time Farmers in Norway

• Published in: Applied economic perspectives and policy 2006-03, Vol.28 (1), p.111-131
• Main Authors: Lien, Gudbrand, Flaten, Ola, Jervell, Anne Moxnes, Ebbesvik, Martha, Koesling, Matthias, Valle, Paul Steinar
• Format: Article
• Language: English
• Subjects: Agricultural economics; agricultural policy; Applied Analyses; Comparative studies; Crop economics; Crop management; Crop production; Crops; Dairy farming; econometric models; Farm economics; farm management; farm surveys; Farmers; Financial management; Food crops; full-time farmers; Multivariate analysis; Organic farming; Part time employment; part-time farming; planning; Q120; Risk assessment; Risk management; risk reduction; Sustainable agriculture
• ISSN: 1058-7195; 2040-5790; 1467-9353; 2040-5804
• DOI: 10.1111/j.1467-9353.2006.00276.x

The objective of this exploratory study was to provide empirical insight into how different categories of farmers perceive and manage risk. The data originate from a questionnaire of dairy and crop farmers in Norway. The associations between part-time and full-time farming and farm and farmer characteristics, farmers' goals and future plans, risk perceptions, and risk management responses were examined with simple t- and chi-square tests, as well as with logistic regression. The results indicate that full-time and part-time farmers' goals, risk perceptions, and management strategies differ significantly. Policy makers and advisers should consider these differences when developing policies and recommendations for the different types of farmers.