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Lookup NU author(s): Dr Lionel Hubbard
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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. © Oxford University Press and Foundation for the European Review of Agricultural Economics 1999.
Author(s): Allanson P, Hubbard L
Publication type: Article
Publication status: Published
Journal: European Review of Agricultural Economics
Year: 1999
Volume: 26
Issue: 1
Pages: 1-17
Print publication date: 01/01/1999
ISSN (print): 0165-1587
ISSN (electronic): 1464-3618
Publisher: Oxford University Press
URL: http://dx.doi.org/10.1093/erae/26.1.1
DOI: 10.1093/erae/26.1.1
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