Measures of Economic Status - Combining Income and Wealth into a Single Measure of the Potential Command Over Goods and Services
AbstractThe purpose of this paper is to stimulate discussion on the way that economists, statisticians and analysts treat the wealth of agricultural households and changes in that wealth not arising from production. The concept of "economic status" is revisited and the implications of using it when making comparisons of agricultural households with other groups in society is reviewed. A more explicit treatment of capital and wealth is proposed.
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Bibliographic InfoPaper provided by International Agricultural Policy Reform and Adjustment Project (IAPRAP) in its series Workshop on the Farm Household-Firm Unit: Its Importance in Agriculture and Implications for Statistics, April 12-13, 2002, Wye Campus,Imperial College with number 15715.
Date of creation: 2002
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Web page: http://agadjust.aers.psu.edu/
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bhatia, Kul B, 1972. "Capital Gains and the Aggregate Consumption Function," American Economic Review, American Economic Association, vol. 62(5), pages 866-79, December.
- Bhatia, Kul B, 1970. "Accrued Capital Gains, Personal Income and Saving in the United States, 1948-1964," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 16(4), pages 363-78, December.
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