Dimensions of Wealth Dispersion Among Farm Operator Households: An Assessment of the Impact of Farm Subsidies

Hisham S. El-Osta and Ashok Mishra ()

Journal of Agricultural and Applied Economics, 2005, vol. 37, issue 1, 187-208

Abstract: This paper uses microlevel data from the Agricultural Resource Management Survey to examine the changes in the distributions of household wealth and to assess the role farm subsidies play, among other factors, in affecting these distributions. The empirical analysis relies on the concept of the adjusted Gini coefficient and on fixed-effect regression procedures. Coefficients from fixed-effects estimation indicate a negative correlation between government payments and wealth dispersion, with the effect shifting toward more of a positive relation when government payments were allowed to interact with regional dummies.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:37:y:2005:i:01:p:187-208_00

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