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Economic Class as a Measure of Farmers' Welfare

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  • Donald K. Larson

Abstract

Special tabulations from Internal Revenue Service provide an opportunity for agricultural economists to show that average income of farm operator families distributed by size of farm business receipts gives a misleading indication of the well-being of farm families. For 1970, the distribution of farm taxpayers by basic income classes varies considerably within, as well as between, farm receipt classes. Thus, a small farm business does not mean that the family has a low income, since many receive income from off-farm sources.

Suggested Citation

  • Donald K. Larson, 1975. "Economic Class as a Measure of Farmers' Welfare," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 658-664.
    • Handle: RePEc:oup:ajagec:v:57:y:1975:i:4:p:658-664.
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    File URL: http://hdl.handle.net/10.2307/1238884
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    Cited by:

    1. Tubman, Wendy, 1977. "A Note On Off-Farm Income Of Farm Families In Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(3), pages 1-6, December.

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