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

Author

Listed:
  • Pavlos Karanikolas

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

  • Stavros Zografakis

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

Abstract

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.

Suggested Citation

  • Pavlos Karanikolas & Stavros Zografakis, 2009. "Greek Farm Households: Income inequality, poverty and distributional impact of farm income," Working Papers 2009-08, Agricultural University of Athens, Department Of Agricultural Economics.
  • Handle: RePEc:aua:wpaper:2009-08
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    References listed on IDEAS

    as
    1. Ashok K. Mishra & Carmen L. Sandretto, 2002. "Stability of Farm Income and the Role of Nonfarm Income in U.S. Agriculture," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 208-221.
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    Cited by:

    1. Tassos Giannitsis & Stavros Zografakis, 2018. "Crisis management in Greece," IMK Studies 58-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.

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    More about this item

    Keywords

    farm households; income inequality; poverty; distributional impact;
    All these keywords.

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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