IDEAS home Printed from https://ideas.repec.org/p/ags/ukysps/42315.html
   My bibliography  Save this paper

Measuring Farm Net Income To Better Achieve Policy Objectives

Author

Listed:
  • Freshwater, David

Abstract

The farm problem is a longstanding topic in agricultural economics, and farm organizations continue to press claims that they are disadvantaged and deserve public support. While society may choose to support farmers it is clear that existing farm programs to not do an effective job of providing support. Farm income and farm subsidies are highly concentrated and the lowest income farmers receive little support. Moreover most households with low farm income typically manage their farm to achieve this goal. Politically, commercial farms require that hobby farms continue to be recorded as actual farms in order to mask the small number of enterprises that actually benefit from farm programs. Whether this lead to good public policy is another matter.

Suggested Citation

  • Freshwater, David, 2007. "Measuring Farm Net Income To Better Achieve Policy Objectives," Staff Papers 42315, University of Kentucky, Department of Agricultural Economics.
    • Handle: RePEc:ags:ukysps:42315
    DOI: 10.22004/ag.econ.42315
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/42315/files/staff466.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.42315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jose Maria Da Rocha & Diego Restuccia, 2006. "The Role of Agriculture in Aggregate Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(3), pages 455-482, July.
    2. James T. Bonnen, 1975. "Improving Information on Agriculture and Rural Life," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 753-763.
    3. Spitze, R.G.F., 1983. "Series E, Agricultural Economics," Illinois Agricultural Economics Staff Paper 244634, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    4. Bonnen, James T., 1975. "Improving Information on agriculture and Rural Life," 1975 Annual Meeting, August 10-13, Columbus, Ohio 284091, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Acemoglu, Daron & Robinson, James A., 2001. "Inefficient Redistribution," American Political Science Review, Cambridge University Press, vol. 95(3), pages 649-661, September.
    6. Lee S. Friedman, 1999. "Presidential address: Peanuts envy?," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 18(2), pages 211-225.
    7. Gardner, Bruce L, 1992. "Changing Economic Perspectives on the Farm Problem," Journal of Economic Literature, American Economic Association, vol. 30(1), pages 62-101, March.
    8. Feldman, Paul, 1971. "Efficiency, Distribution, and the Role of Government in a Market Economy," Journal of Political Economy, University of Chicago Press, vol. 79(3), pages 508-526, May-June.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Freshwater, David, 2012. "Complexity and Obsolete Data Concepts: Canadian Farm Policy, and the Changing Structure of Agriculture," Staff Papers 119473, University of Kentucky, Department of Agricultural Economics.
    2. Freshwater, David, 2007. "The Economic Well-Being of Farmers As An On-going National Public Policy Issue," Staff Papers 42313, University of Kentucky, Department of Agricultural Economics.
    3. Aboohamidi, Abbas & Chidmi, Benaissa, 2015. "Changes in the Wealth of American Households during the 2007-2009 Financial Crisis in the U.S," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205451, Agricultural and Applied Economics Association.
    4. Freshwater, David & Jette-Nantel, Simon, 2011. "Risk Management and the Role of Off-farm Income," Staff Papers 120184, University of Kentucky, Department of Agricultural Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Berkeley Hill, 2008. "Some Economics of Public Statistics," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(3), pages 387-420, September.
    2. Hastings, Steven E. & Goode, Frank M., 1977. "The Influence Of Input Availability And Market Access On Industrial Growth: A Conceptual And Empirical Investigation," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 6(2), pages 1-13, October.
    3. Mulkey, David, 1984. "Data Use by Agricultural Economists: Opportunities for Automated Data Retrieval," 1984 Annual Meeting, August 5-8, Ithaca, New York 278716, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Sutton, John D., 1982. "Data Needs and Collection Methods for Analysis of Agricultural Production Potential," Staff Reports 330483, United States Department of Agriculture, Economic Research Service.
    5. Richard Stuby, 1979. "Some new directions for social indicators in the U.S. Department of Agriculture," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 6(2), pages 273-282, April.
    6. Christy, Ralph D. & Klein, Marvin L. & Bonnen, James T., 1984. "The Use of Prices and Other Market Information in the Michigan Potato Industry," Agricultural Economic Report Series 201340, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    7. Hill, Berkeley, 2005. "Institutional Units and Agricultural Statistics," 94th Seminar, April 9-10, 2005, Ashford, UK 24410, European Association of Agricultural Economists.
    8. Frick, A. & Groenewald, J.A., 1999. "The Need For Agricultural Information In The New South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 38(2).
    9. Klindt, Thomas H. & Deaton, Brady J. & Landes, Maurice R., 1981. "The Determinants Of Wage Increases In New Manufacturing Plants In Rural Areas," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(1), pages 1-6, July.
    10. Freebairn, John W., 1978. "An Evaluation of Outlook Information for Australian Agricultural Commodities," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-21, December.
    11. Batie, Sandra S., 1978. "Discussion: Location Determinants Of Manufacturing Industry In Rural Areas," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(1), pages 1-5, July.
    12. Choi, Jin Wook, 1982. "An analysis of price responses to public information: a case study of the USDA corn crop forecasts," ISU General Staff Papers 198201010800008030, Iowa State University, Department of Economics.
    13. Rossmiller, George E. & Abkin, Michael H., 1981. "Building Analytical Capacity for Agricultural Decisionmkaing: An Issue of Technology Transfer and Institution Building," 1981 Occasional Paper Series No. 2 197120, International Association of Agricultural Economists.
    14. Howard, Wayne H. & Knight, Thomas O. & Shumway, C. Richard & Blake, Robert W. & Tomaszewski, Michael A., 1987. "Information and Herd Health Management Practices in Texas Dairies," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 19(2), pages 1-10, December.
    15. Christy, Ralph D., 1994. "Private Strategies and Public Policies: The Economics of Information and the Economic Organization of Markets," Staff Papers 121314, Cornell University, Department of Applied Economics and Management.
    16. Hastings, Steven E. & Goode, Frank M., 1977. "The Influence Of Input Availability And Market Access On Industrial Growth: A Conceptual And Empirical Investigation," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 2), pages 1-13, October.
    17. Skees, Jerry R. & Reed, Michael R., 1988. "The Restructuring of Southern Agriculture: Data Needs for Economic and Policy Research," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 20(1), pages 33-40, July.
    18. Kriesel, Warren P. & Deaton, Brady J. & Johnson, Thomas G., 1984. "Industrial development as a community investment decision," 1984 Annual Meeting, August 5-8, Ithaca, New York 279049, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. Economics, Statistics, and Cooperatives Service, 1978. "Proceedings of Workshop on Farm Sector Financial Accounts, April 14-15, 1977," Agricultural Economic Reports 307690, United States Department of Agriculture, Economic Research Service.
    20. Bonnen, James T., 1987. "The Status of Agriculture Data Systems As the Basis For Policy," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269908, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    Agricultural and Food Policy;

    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:ags:ukysps:42315. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/daukyus.html .

    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.