Abstract
The note proposes a novel decomposition of the Shorrocks mobility index by income components to identify the impact on farm income mobility of a marginal change in each component. An empirical application shows that a revenue-neutral change in the balance of agricultural protection between market-based support and direct payments would not have had the effect of reducing the variability of relative farm incomes in Scottish agriculture.
| Original language | English |
|---|---|
| Place of Publication | Dundee |
| Publisher | University of Dundee |
| Number of pages | 10 |
| Volume | 299 |
| Publication status | Published - Aug 2017 |
Publication series
| Name | Dundee Discussion Papers in Economics |
|---|---|
| Publisher | Economic Studies, University of Dundee |
| No. | 299 |
| ISSN (Electronic) | 1473-236X |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities
Keywords
- farm income mobility
- decomposition by income source
- agricultural policy analysis
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