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Toward a More Complete Comparison of Farm and Nonfarm Proprietorship Income

Published online by Cambridge University Press:  28 April 2015

Thomas A. Carlin  and
Edward I. Reinsel
Thomas A. Carlin
Affiliation:
Farm Production Economics Division, Economic Research Service, USDA
Edward I. Reinsel
Affiliation:
Farm Production Economics Division, Economic Research Service, USDA
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Extract

Several methods are available to agricultural economists for appraising the income position of farm proprietors. However, most analyses concentrate on a single measure and give little attention to alternative techniques. We suggest that a better understanding of the income situation of a group can be gained by using a combination of techniques.

Income of farm proprietors is often compared with that of other broad industrial groups. Such a procedure can partly mask differences and similarities that exist between the farm sector and other businesses. In this paper we compare farm proprietor incomes with those of nonfarm proprietors.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 4 , Issue 1 , July 1972 , pp. 157 - 163
Copyright
Copyright © Southern Agricultural Economics Association 1972

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References

[1]Benson, Richard A., “Gini Ratios: Some Considerations Affecting Their Interpretation,” American Journal of Agricultural Economics, 52: 444–447, Aug. 1970.CrossRefGoogle Scholar
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