Variations in after-tax income resulting form changes in farm size and irrigation technology: implications for local economic development
Ronald C. Faas,
David Holland and
Douglas Young
No 291642, WAEA/ WFEA Conference Archive (1929-1995) from Western Agricultural Economics Association
Abstract:
Considering that federal income tax payments represent a "leakage" from the local economy, a cash accounting approach estimated locally-retained after-tax net income to be considerably high for small labor-intensive farms than for large capital-intensive farms in the Columbia Basin Project. Use of an inappropriate standard economic accounting approach was shown to dramatically underestimate the potential contribution of small, lower-income farms to regional income.
Keywords: Research and Development/Tech Change/Emerging Technologies; Agricultural Finance (search for similar items in EconPapers)
Pages: 14
Date: 1980-07-21
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaar:291642
DOI: 10.22004/ag.econ.291642
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