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Greek Farm Households: Income inequality, poverty and distributional impact of farm income

Listed author(s):
  • Pavlos Karanikolas


    (Agricultural Economics and Rural Development Department, Agricultural University of Athens)

  • Stavros Zografakis


    (Agricultural Economics and Rural Development Department, Agricultural University of Athens)

This paper examines the incidence of income inequality and poverty, and the impact of farm income on inequality. A detailed typology of farm households (FHs) is developed, based on Household Budget Survey micro-data. Research findings reveal enormous variations among households with respect to income inequality and poverty. While Marginal- and Pluriactive- FHs do not seem to have an income problem, this is not the case for Farm Households. Poverty is a widespread phenomenon among Retired FHs. Farm income and non-farm income generate a combined stabilization effect, mitigating the overall inequality within households. Policy implications of these findings are discussed in the context of welfare aspects of agricultural policy.

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Paper provided by Agricultural University of Athens, Department Of Agricultural Economics in its series Working Papers with number 2009-08.

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Length: 17 pages
Date of creation: 2009
Handle: RePEc:aua:wpaper:2009-08
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