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The Effects of Industrialization on Farm Income Distribution and Farm Numbers in New England

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  • Somwaru, A.
  • Lee, T. C.
  • Seaver, S. K.

Abstract

Affected by industrialization, aqriculture in New England adapts to economic changes. Farms have become either large commercial units or small part time farms. Distributions of farm income have changed from an inverted-J distribution to a u-shaped distribution in the past three decades. Farm income grows slower and shows a larger dispersion in urban counties than in rural counties. Analyses of census data support the hypotheses (1) that farm income is loqnormally distributed and (2) that industrialization has a complementary effect on agriculture while growth of urbanization essentially reduces farm numbers mostly in middle income classes.

Suggested Citation

  • Somwaru, A. & Lee, T. C. & Seaver, S. K., 1981. "The Effects of Industrialization on Farm Income Distribution and Farm Numbers in New England," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 10(2), pages 1-8, October.
    • Handle: RePEc:ags:nareaj:159835
    DOI: 10.22004/ag.econ.159835
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    References listed on IDEAS

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    1. McDonald, James B & Ransom, Michael R, 1979. "Functional Forms, Estimation Techniques and the Distribution of Income," Econometrica, Econometric Society, vol. 47(6), pages 1513-1525, November.
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    1. Somwaru, Agapi, 1986. "Disaggregated Farm Income by Type of Farm, 1959-82," Agricultural Economic Reports 308011, United States Department of Agriculture, Economic Research Service.

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    Agribusiness; Consumer/Household Economics;

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