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TWO SUGGESTED ADJUSTMENTS IN FARM INCOME MEASUREMENT USING TAXATION DATA *
Author(s) -
Partridge A.J.S.,
Musgrave Warren F.
Publication year - 1974
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1974.tb00127.x
Subject(s) - economics , poverty , net national income , distribution (mathematics) , income distribution , series (stratigraphy) , labour economics , income in kind , adjusted gross income , demographic economics , gross income , public economics , inequality , economic growth , state income tax , mathematics , mathematical analysis , paleontology , tax reform , biology
The paper sets out two adjustments for taxation data when income distribution is relevant. The adjustments are used on income series for primary producers and wholesale‐retail trading and results compared. Little difference is found between the two income series though the latter, years show the wholesale‐retail traders series continuing on an upward trend, while the primary producers series appears to climb at a slower rate or has flattened out. An examination of income led to similar conclusions though these figures seem to imply that in both industries there is a hard core of poverty, individuals who can neither raise their income nor move out of the industry.