A new index measure and its use for describing US agriculture: Some initial findings and suggestions for monitoring and reporting

Roman Keeney

No 196822, 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: A new indicator of farm income dependence is developed for identifying differences in resource allocation among farm households. Analysis of farm household data between 1996 and 2006 identifies the index as being more informative and indicative of structural responses than the typical reliance on shares of farm income in the total for the representative household. Extensions of the index and complementarities with other measures are straightforward and offer potential valuable insight into coming trends in U.S. agriculture as the farm household population responds to higher prices induced by the biofuel boom.

Keywords: Consumer/Household Economics; Farm Management (search for similar items in EconPapers)
Pages: 30
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/196822/files/saea_incomemonitoring_paper.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:saea15:196822

DOI: 10.22004/ag.econ.196822

Access Statistics for this paper

More papers in 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().