Income mobility and income inequality in Scottish agriculture

P Allanson, K Kasprzyk, AP Barnes

Research output: Contribution to journalArticlepeer-review

6 Citations (Scopus)
8 Downloads (Pure)

Abstract

The paper explores the distributional consequences of farm income mobility in Scotland, focusing on the extent to which farm income inequality is a chronic as opposed to a temporary phenomenon and on the nature of the dynamic processes driving changes in farm income inequality over time. The empirical results reveal that the majority of farm income inequality was long-run or structural in nature, reflecting differences in both farm business size and farm-specific factors such as land quality, managerial ability and business structures. Evidence of absolute convergence in farm incomes is explained by short-run adjustments towards equilibrium or target incomes conditional upon prices, technology and farm business size, with farm business growth conditional upon survival found to have had no significant redistributive effect.
Original languageEnglish
Pages (from-to)471 - 493
Number of pages23
JournalJournal of Agricultural Economics
Volume68
Issue number2
Early online date14 Sep 2016
DOIs
Publication statusFirst published - 14 Sep 2016

Bibliographical note

1030803

Keywords

  • Farm incomes
  • Income inequality
  • Income mobility
  • Scotland

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