IDEAS home Printed from https://ideas.repec.org/a/cup/agrerw/v31y2002i01p84-96_00.html
   My bibliography  Save this article

The Dynamics of Wealth Concentration Among Farm Operator Households

Author

Listed:
  • El-Osta, Hisham S.
  • Morehart, Mitchell J.

Abstract

The method of computing wealth shares accruing to lowest and highest quintiles, along with the concepts of the Lorenz curve and the Gini coefficient, are used in conjunction with data from the 1996 and 1999 Agricultural Resource Management Study (ARMS) survey to measure the distribution of wealth among U.S. farm operator households. Findings show that the distribution of wealth in 1996 was slightly more concentrated than in 1999, with the farm wealth component contributing significantly more toward measured concentration in both years than the nonfarm wealth component. The robustness of the findings under varied value judgments concerning society's level of aversion to wealth concentration is also examined.

Suggested Citation

  • El-Osta, Hisham S. & Morehart, Mitchell J., 2002. "The Dynamics of Wealth Concentration Among Farm Operator Households," Agricultural and Resource Economics Review, Cambridge University Press, vol. 31(1), pages 84-96, April.
    • Handle: RePEc:cup:agrerw:v:31:y:2002:i:01:p:84-96_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1068280500003506/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Katchova, Ani L., 2005. "A Comparison of Farm and Nonfarm Households," 2005 Agricultural and Rural Finance Markets in Transition, October 3-4, 2005, Minneapolis, Minnesota 132757, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    2. Korb, Penelope J. & Blank, Steven C. & Erickson, Kenneth W., 2004. "Profit Patterns In The U.S. And The West, 1992 And 1997: What County-Level Data Reveal," 2004 Annual Meeting, June 30-July 2, 2004, Honolulu, Hawaii 36253, Western Agricultural Economics Association.
    3. Piet, Laurent, 2016. "Recent trends in the distribution of farm sizes in the EU," 149th Seminar, October 27-28, 2016, Rennes, France 245075, European Association of Agricultural Economists.
    4. Will Chancellor & Shiji Zhao, 2021. "Agricultural Households: An Exploratory Analysis Revisiting Financial Position and Well‐being in Australia," Economic Papers, The Economic Society of Australia, vol. 40(1), pages 14-30, March.
    5. Mishra, Ashok K. & El-Osta, Hisham S., 2005. "Decomposition of Variability in Farm Household Assets and Debt," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 23(2), pages 1-20.
    6. El-Osta, Hisham S. & Mishra, Ashok K., 2005. "Dimensions of Wealth Dispersion Among Farm Operator Households: An Assessment of the Impact of Farm Subsidies," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(1), pages 187-208, April.
    7. Laurent Piet, 2019. "Concentration des exploitations agricoles et emplois," Post-Print hal-02492374, HAL.
    8. 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), pages 1-17, October.
    9. Erickson, Kenneth W. & Moss, Charles B. & Mishra, Ashok K., 2006. "Farm Wealth Inequality Within and Across States in the United States," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(2), pages 1-14, October.
    10. Piet, Laurent, 2017. "Concentration of the agricultural production in the EU: the two sides of a coin," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261439, European Association of Agricultural Economists.
    11. Mishra, Ashok K. & El-Osta, Hisham S., 2005. "Wealth Accumulation by Farm Households: Evidence from a National Survey," 2005 Annual meeting, July 24-27, Providence, RI 19573, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Laurent Piet & M Benoit & V Chatellier & K. Hervé Dakpo & N Delame & Yann Desjeux & P Dupraz & M Gillot & Philippe Jeanneaux & C Laroche-Dupraz & A Ridier & E Samson & P Veysset & P Avril & C Beaudoui, 2020. "Hétérogénéité, déterminants et trajectoires du revenu des agriculteurs français," Working Papers hal-02877320, HAL.
    13. Laurent Piet & Laure Latruffe & Chantal Le Mouël & Yann Desjeux, 2012. "How do agricultural policies influence farm size inequality? The example of France," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 39(1), pages 5-28, February.
    14. Hisham S. El-Osta, 2020. "Life-Cycle and Its Impact on the Disparity in Economic Well-Being among U.S. Sole Proprietor Households: Evidence from Two National Surveys," Applied Economics and Finance, Redfame publishing, vol. 7(1), pages 1-14, January.
    15. Katchova, Ani L., 2006. "The Economic Well-Being of Farm and Nonfarm Households: Evidence from Two National Surveys," 2006 Annual meeting, July 23-26, Long Beach, CA 21401, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:agrerw:v:31:y:2002:i:01:p:84-96_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/age .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.