On the Comparative Evaluation of Agricultural Income Distributions in the European Union
The paper reports a set of operational rules for ranking income distributions that could be used, given appropriate data, to address a range of policy issues concerning the economic welfare of the agricultural community, the comparability of agricultural and non-agricultural incomes, and the extent and depth of poverty in farming. The rules are based on stochastic dominance procedures and are consistent with social preferences for higher incomes and a more equal distribution of income. Their application is illustrated by means of a comparative analysis of the farm family income situation in the member states of the European Union based on Farm Accountancy Data Network (FADN) data. The inadequacy of FADN data as a basis for inferences about welfare and poverty of farm households is stressed. Copyright 1999 by Oxford University Press.
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Volume (Year): 26 (1999)
Issue (Month): 1 (March)
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- Shorrocks, Anthony F, 1983. "Ranking Income Distributions," Economica, London School of Economics and Political Science, vol. 50(197), pages 3-17, February.
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