%J INTERNATIONAL JOURNAL OF RECENTLY SCIENTIFIC RESEARCHER'S THEORY %T AGRO TOURISM IN TAIWAN. ITS IMPORTANCE AND PROSPECTS %A Rayhona Anorboyeva %A N. Turdiyeva %N 4 %P 15-19 %D 2023 %V 1 %L uzindex1041 %X
Due to consumer demand for recreation and farmers' need to diversify their income, researchers and policy makers are showing great interest in topics related to agritourism. This study presents a supply-side analysis of agritourism using Taiwan as a case study. Using a sample of 720,148 family farms from the 2010 Agricultural Census Survey in Taiwan, we examine the effects of engaging in agritourism business on farm income, farm inheritance, and family a We determine the impact of these factors on labor supply decisions between on- farm and off-farm. the work. An analytical framework combining a double-robust regression model and semi-parametric estimation is proposed to overcome the endogeneity bias. The results show that participation in agritourism increases farm income and family farm succession. Agritourism farms also have more on-farm family members and fewer off-farm family members than non-agritourism farms. Although agritourism businesses are designed to meet consumer demand for recreation, our results show that they also improve the economic well-being of farms.