A Comparison of the Economic Well‐Being of Farm and Nonfarm Households
利用美国农业资源管理调查和消费者金融调查数据,从收入与财富角度比较农户与非农户的经济福祉,发现家庭的经济福祉取决于其商业参与程度和生命周期阶段。
Abstract This study compares the economic well‐being of farm and nonfarm households using data from the Agricultural Resource Management Survey and the Survey of Consumer Finances. Comparisons are made in terms of income and wealth using parametric and nonparametric tests, regression analyses, and inequality measures. The results show that the economic well‐being of households differs based on their degree of involvement in business activities and their life‐cycle stages. The main conclusion is that the income of rural residence and intermediate farms is comparable to that of wage‐earning nonfarm households, while commercial farms are similar in well‐being to nonfarm households with businesses.