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Income, Wealth, and the Economic Well-Being of Farm Households
英文名称:
Income, Wealth, and the Economic Well-Being of Farm Households
作者:
Ashok K. Mishra; Hisham S. El-Osta; Mitch Morehart; James Johnson; Jeffrey Hopkins
工作单位:
USDA's Economic Research Service
来源地址:
https://www.ers.usda.gov/publications/pub-details/?pubid=41464
关键词:
farmingfarm incomefarm householdsfarm household wealthoff-farm workfarm typologyfarm resource regionsoperator ageoperator educationhousehold consumptionfarm businessnonfarm incomeARMSfarm policy
年份:
2002
出版地:
Washington, DC, USA
总页数:
77 pp
语种:
English
摘要:
Agricultural policy is rooted in the 1930's notion that providing transfers of money to the farm sector translates into increased economic well-being of farm families. This report shows that neither change in income for the farm sector nor for any particular group of farm business can be presumed to reflect changes confronting farm households. Farm households draw income from various sources, including off-farm work, other businesses operated and, increasingly, nonfarm investments. Likewise, focus on a single indicator of well-being, such as income, overlooks other indicators such as the wealth held by the household and the level of consumption expenditures for health care, food, housing, and other items. Using an expanded definition of economic well-being, we show that farm households as a whole are better off than the average U.S. household, but that 6 percent remain economically disadvantaged.

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