EconPapers    
Economics at your fingertips  
 

Measures of Farm Household Well-Being Tell Different Stories

Carol Adaire Jones and Daniel Milkove

Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2010, 2

Abstract: Traditionally, the economic well-being of households is gauged by indicators of the financial resources available–— household income and, when available, wealth. ERS publishes estimates of farm household income and wealth based on responses to USDA’s annual Agricultural Resource Management Survey (ARMS). Since 1998, average farm operator household income has exceeded that of the typical U.S. household by 3 to 21 percent, and median farm household wealth has been 4-5 times that of all U.S. households. But the variability of income complicates farm-nonfarm comparisons.

Keywords: Farm; Management (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://ageconsearch.umn.edu/record/122157/files/17Datafeature.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:uersaw:122157

DOI: 10.22004/ag.econ.122157

Access Statistics for this article

More articles in Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2019-10-12
Handle: RePEc:ags:uersaw:122157