Toward a More Complete Comparison of Farm and Nonfarm Proprietorship Income

Thomas A. Carlin and Edward I. Reinsel

Journal of Agricultural and Applied Economics, 1972, vol. 4, issue 1, 157-163

Abstract: Several methods are available to agricultural economists for appraising the income position of farm proprietors. However, most analyses concentrate on a single measure and give little attention to alternative techniques. We suggest that a better understanding of the income situation of a group can be gained by using a combination of techniques.Income of farm proprietors is often compared with that of other broad industrial groups. Such a procedure can partly mask differences and similarities that exist between the farm sector and other businesses. In this paper we compare farm proprietor incomes with those of nonfarm proprietors.

Date: 1972
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