Dundee Discussion Papers in Economics 093: On the comparative evaluation of agricultural income distributions in the European Union

Paul Allanson, Lionel Hubbard

    Research output: Working paperDiscussion paper

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    Abstract

    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 FADN data.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 1998

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.93
    ISSN (Print)1473-236X

    Keywords

    • Economic welfare
    • Poverty
    • European Union (EU)
    • Agricultural income

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