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Greek Farm Households: Income inequality, poverty and distributional impact of farm income

Pavlos Karanikolas () and Stavros Zografakis ()
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Stavros Zografakis: Agricultural Economics and Rural Development Department, Agricultural University of Athens

No 2009-08, Working Papers from Agricultural University of Athens, Department Of Agricultural Economics

Abstract: This paper examines the incidence of income inequality and poverty, and the impact of farm income on inequality. A detailed typology of farm households (FHs) is developed, based on Household Budget Survey micro-data. Research findings reveal enormous variations among households with respect to income inequality and poverty. While Marginal- and Pluriactive- FHs do not seem to have an income problem, this is not the case for Farm Households. Poverty is a widespread phenomenon among Retired FHs. Farm income and non-farm income generate a combined stabilization effect, mitigating the overall inequality within households. Policy implications of these findings are discussed in the context of welfare aspects of agricultural policy.

Keywords: farm households; income inequality; poverty; distributional impact (search for similar items in EconPapers)
JEL-codes: H23 Q12 Q18 R23 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2009
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Handle: RePEc:aua:wpaper:2009-08