Journal Article

On the comparative evaluation of agricultural income distributions in the European Union

P Allanson and L Hubbard

in European Review of Agricultural Economics

Volume 26, issue 1, pages 1-17
Published in print March 1999 | ISSN: 0165-1587
Published online March 1999 | e-ISSN: 1464-3618 | DOI: https://dx.doi.org/10.1093/erae/26.1.1
On the comparative evaluation of agricultural income distributions in the European Union

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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.

Keywords:economic welfare, poverty, European Union, agricultural income

Journal Article.  0 words. 

Subjects: Agricultural Economics ; Environmental Economics ; Renewable Resources and Conservation ; Primary Products

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