Income Mobility and Income Inequality in Scottish Agriculture
研究了苏格兰农场收入流动性的分配后果,发现大部分收入不平等是长期或结构性的,源于农场规模和特定因素差异,短期调整趋向均衡收入但无显著再分配效应。
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.