Farm Household Income Volatility: An Analysis Using Panel Data From a National Survey

Nigel Key ; Daniel Prager ; Christopher Burns

United States Department of Agriculture

关键词: Farm income;    off-farm income;    income volatility;    ARMS;    direct payments;    counter-cyclical payments;    crop insurance;    risk management;   

RP-ID  :  ERR-226

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 摘 要 】

Farm income is highly variable, and this variability can affect household welfare, agricultural production, and environmental quality. ERS researchers use a large panel dataset to provide new information about the extent and determinants of farm household income variability, to identify trends in volatility, and to estimate the risk-mitigating benefits of U.S. Government programs.See related Amber Waves article: Farm Households Experience High Levels of Income Volatility