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The opportunity cost of family labor in the economy of the dairy production in Michoacan, Mexico
The objective of this research is to analyze associated factors with the variation of the profit margin and the influence of the opportunity cost of family labor in the economic profit of the family dairy in the municipality of Maravatio, Michoacan. Productive economic information was obtained through the use of questionnaires, semi-structured interviews and direct observation, using the methodology of Participatory Action Research. The opportunity cost of workforce was established on the basis of the work options for the family members involved in the activity; the options were classified into three types: local, regional, and foreign, according to the location of the job opportunities. In order to determine the influence of family labor in earning, it was used a multiple regression model with inclusion of step-by-step variables. The livestock feed represented the highest index of determination of the profit margin variation with the 68 %. Family labor is one of the variables that have an adverse impact on the profitability of the production units, it represented 26% of the variation of economic gain, with a negative linear relation of -1.05 (P ≤0.001). The best labor alternatives for producers, when emigrating, show that family labor is not the productive factor allowing them to have earnings; however, the dairy activity provides productive and economic sustenance for people with a local and regional opportunity cost.
When RIAA receives the postulation of an original by its author, either through email or post mail, considers that it can be published in physical and/or electronic format and facilitates its inclusion in databases, newspaper archives and other systems and indexing process. RIAA authorizes the reproduction and citation of the Journal’s material, provided that explicitly indicates journal name, the authors, the article title, volume, number and pages. The ideas and concepts expressed in the articles are responsibility of the authors and in no case reflect the institutional policies of the UNAD.
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