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Decomposition Of Income Distribution Among Farm Families

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  • Reddy, Wenkateshwar K.
  • Findeis, Jill L.
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    Abstract

    The greater reliance of U.S. farm families on off-farm income has implications for the structure of agriculture and the distribution of income within agriculture. Using annual data on farm households from the Current Population Survey, the degree of income inequality for the U.S. and by region is assessed for 1984. The distribution of income among farm families is decomposed by income source. Off-farm income is shown to contribute to higher average incomes and reduce income inequality at the margin, but only in regions where full-time farming predominates. In the Northeast and South, increases in off-farm income increase regional income inequality.

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    File URL: http://purl.umn.edu/28973
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    Bibliographic Info

    Article provided by Northeastern Agricultural and Resource Economics Association in its journal Northeastern Journal of Agricultural and Resource Economics.

    Volume (Year): 16 (1987)
    Issue (Month): 2 (October)
    Pages:

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    Handle: RePEc:ags:nejare:28973

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    Web page: http://www.narea.org/
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    Keywords: Consumer/Household Economics;

    References

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    1. Lerman, Robert I & Yitzhaki, Shlomo, 1985. "Income Inequality Effects by Income," The Review of Economics and Statistics, MIT Press, vol. 67(1), pages 151-56, February.
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    Cited by:
    1. Boisvert, Richard N., 2002. "Analysis of a Re-Focused Agricultural Policy within a Farm-Household Framework Some Data Requirements," Workshop on the Farm Household-Firm Unit: Its Importance in Agriculture and Implications for Statistics, April 12-13, 2002, Wye Campus,Imperial College 15727, International Agricultural Policy Reform and Adjustment Project (IAPRAP).
    2. Mishra, Ashok K. & El-Osta, Hisham S., 2001. "Decomposition Of Variability In Assets And Debt Of Farm Households In The U.S," 2001 Annual meeting, August 5-8, Chicago, IL 20608, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Severini, Simone & Tantari, Antonella, 2013. "The effect of the EU farm payments policy and its recent reform on farm income inequality," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 212-227.
    4. El-Osta, Hisham S. & Morehart, Mitchell J., 2009. "Welfare Decomposition in the Context of the Life Cycle of Farm Operators: What Does a National Survey Reveal?," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 38(2), October.
    5. Hung-Hao, Chang & Boisvert, Richard N. & Tauer, Loren W., 2008. "Explaining Changes in the Distribution of Annual Dairy Farm Income over Time," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6544, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Severini, Simone & Tantari, A., 2012. "How direct payments and their reform have affected farm income inequality in Italy?," Congress Papers 124099, Italian Association of Agricultural and Applied Economics (AIEAA).
    7. Brian C. Briggeman & Maria M. Akers, 2010. "The credit advantage of farm and rural small business ownership," Agricultural Finance Review, Emerald Group Publishing, vol. 70(3), pages 353-364, November.
    8. Mishra, Ashok & El-Osta, Hisham & Gillespie, Jeffrey M., 2009. "Effect of agricultural policy on regional income inequality among farm households," Journal of Policy Modeling, Elsevier, vol. 31(3), pages 325-340, May.

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