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Farm Income Mobility and Inequality in Ireland 1994-2001

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Author Info

  • Stephen Hynes
  • Cathal O'Donoghue

    ()
    (Department of Economics, National University of Ireland, Galway)

Abstract

This paper uses eight years of data of the National Farm Survey (NFS) to analyse the statics and dynamics of the farm earnings distribution in the period 1994 to 2001, and asks the question: is the Irish farming sector close to a society where individuals move up and down the earnings ladder over time, or is it more similar to a society where individuals are stuck in the same step? I find that for those who find themselves in the middle of the Irish farm earnings distribution the answer is close to the former but for those at either end of the Irish farm earnings distribution the answer is much closer to the latter. In getting to this answer we look at earnings inequality, characterise transition probabilities and model earnings dynamics as a purely stochastic process.

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Bibliographic Info

Paper provided by National University of Ireland Galway, Department of Economics in its series Working Papers with number 0078.

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Date of creation: 2004
Date of revision: 2004
Handle: RePEc:nig:wpaper:0078

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Postal: St. Anthony's College, Newcastle Road, Galway
Phone: +353-91 524411 ext. 2501
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Web page: http://economics.nuigalway.ie
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Related research

Keywords: Family farm income; inequality; mobility; decomposition;

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Cited by:
  1. Stephen Hynes & Karyn Morrissey & Cathal O’Donoghue, 2005. "Building a Static Farm Level Spatial Microsimulation Model: Statistically Matching the Irish National Farm Survey to the Irish Census of Agriculture," Working Papers 0506, Rural Economy and Development Programme,Teagasc.

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