@article{Sakhani_Jabbar_Bhatti_2022, title={Small Farm Holder’s Wellbeing: Evidence From Punjab (Pakistan)}, volume={13}, url={https://journals.au.edu.pk/ojs/index.php/jbe/article/view/431}, DOI={10.2112/jbe.v13i2.431}, abstractNote={<p>The study investigates the impact of income diversification on the well-being of<br>small farm holders in Punjab, the most populated and agrarian province of Pakistan. It<br>benchmarks the levels of well-being of small farm holders who opt income diversification</p> <p>(off-farm) with those who remain exclusively indulged in agricultural farm activities(only-<br>farm). The data of 1607 farm families are retrieved from the PSLM (2015–16) survey to con-<br>struct a fully representative well-being index using Principal Component Analysis (PCA).</p> <p>Empirical analysis is obtained through the treatment effect model. The results of the treatment effect show that income diversification has positively significant impact on household</p> <p>well-being and cast noticeable improvements in well-being of off-farm strata as compared to that of only-farm income earners. Furthermore, net saving, access to credit, dependence ratio, and farm size are the critical factors that enable land assets to have a favorable and substantial impact on both welfare and income diversification. Importantly improved education drives small farmers’ decision to diversify their sources of income.</p&gt;}, number={2}, journal={Journal of Business & Economics }, author={Sakhani, Muhammad Arshad and Jabbar, Abdul and Bhatti, Arshad Ali}, year={2022}, month={Jun.}, pages={87-102} }