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Variations in after-tax income resulting form changes in farm size and irrigation technology: implications for local economic development

Author

Listed:
  • Faas, Ronald C.
  • Holland, David
  • Young, Douglas

Abstract

Considering that federal income tax payments represent a "leakage" from the local economy, a cash accounting approach estimated locally-retained after-tax net income to be considerably high for small labor-intensive farms than for large capital-intensive farms in the Columbia Basin Project. Use of an inappropriate standard economic accounting approach was shown to dramatically underestimate the potential contribution of small, lower-income farms to regional income.

Suggested Citation

  • Faas, Ronald C. & Holland, David & Young, Douglas, 1980. "Variations in after-tax income resulting form changes in farm size and irrigation technology: implications for local economic development," WAEA/ WFEA Conference Archive (1929-1995) 291642, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeaar:291642
    DOI: 10.22004/ag.econ.291642
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