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Economic aspects of farm poverty

Author:
Vincent, David P.
Source:
Australian journal of agricultural and resource economics 1976 v.20 no.2 pp. 103-118
ISSN:
1364-985X
Subject:
farm income, farms, household income, income distribution, poverty
Abstract:
The results of the Henderson Poverty Inquiry's 1973 farm household income survey are discussed and supplemented by income distributions based on taxation returns from 1968/69 to 1972/73. It is concluded that much low income 'poverty' is temporary, being the product of the instability of agriculture. A case is made for the inclusion of wealth in farm and non‐farm welfare comparisons. Proposals aimed at directly increasing incomes are discussed and hypothetical income distributions are presented to indicate the impact of the Henderson Inquiry's guaranteed income scheme on farm income distributions.
Agid:
411351