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Economic aspects of farm poverty
- Vincent, David P.
- Australian journal of agricultural and resource economics 1976 v.20 no.2 pp. 103-118
- farm income, farms, household income, income distribution, poverty
- 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 nonâfarm 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.