Artikel

Farm and non-farm incomes of rural households in Slovenia: Canonical correlation analysis

This paper provides an analysis of socio-economic characteristics and their influence on farm and non-farm incomes of rural households in Slovenia. With the canonical correlation analysis we use a methodological approach that offers a true multivariate procedure for both sides of the equation. It thus goes beyond a simple pair-wise correlation analysis and also beyond multiple correlation analysis. This rather rarely used statistical method offers interesting insights into many fields of analytical applications. Our results confirm that rural households usually turn towards non-farm employment if distress-push factors prevail. Besides insufficient farm incomes, large household sizes push households into non-farm diversification. Employment opportunities in the non-farm sector- regardless of whether triggered by distress in the household or demand in the non-farm sector- depend strongly on education.

Language
Englisch

Bibliographic citation
Journal: South East European Journal of Economics and Business ; ISSN: 2233-1999 ; Volume: 3 ; Year: 2008 ; Issue: 2 ; Pages: 39-48 ; Sarajevo: University of Sarajevo, Faculty of Economics

Classification
Wirtschaft
Household Behavior: General
Demand and Supply of Labor: General
Urban, Rural, Regional, Real Estate, and Transportation Economics: Household Analysis: General
Subject
canonical correlation analysis
Slovenia
rural non-farm sector
diversification

Event
Geistige Schöpfung
(who)
Möllers, Judith
Fritzsch, Jana
Buchenrieder, Gertrud
Event
Veröffentlichung
(who)
University of Sarajevo, Faculty of Economics
(where)
Sarajevo
(when)
2008

DOI
doi:10.2478/v10033-008-0013-9
Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

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Object type

  • Artikel

Associated

  • Möllers, Judith
  • Fritzsch, Jana
  • Buchenrieder, Gertrud
  • University of Sarajevo, Faculty of Economics

Time of origin

  • 2008

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