Nonpecuniary Benefits to Farming: Implications for Supply Response to Decoupled Payments
构建农户模型，发现农民因农业的非金钱收益，在收到脱钩支付后会减少非农劳动、增加农业劳动，从而提高农业产出。利用全国调查数据估算，农场与非农劳动回报差异大，证实了农业存在显著的非金钱收益。
Abstract We develop a household model wherein farmers allocate labor to maximize utility from leisure, consumption, and nonpecuniary benefits from farming. The model shows that farmers with decreasing marginal utility of income respond to higher decoupled payments by decreasing off‐farm labor and increasing farm labor, resulting in greater agricultural output. We then estimate the difference between farm and off‐farm returns to labor using data from three nationally representative farm household surveys. The finding of a large on‐farm/off‐farm wage differential provides compelling evidence of substantial nonpecuniary benefits from farming.