期刊
JOURNAL OF AGRICULTURAL ECONOMICS
卷 65, 期 3, 页码 739-745出版社
WILEY
DOI: 10.1111/1477-9552.12069
关键词
Agricultural policy; income inequality; income stabilisation; risk
资金
- Swiss Federal Office for Agriculture
- Swiss National Science Foundation
Increasing concerns with income risks in agriculture have led to discussions on the introduction of an Income Stabilisation Tool (IST) in Europe. In this note, we extend existing evaluations of the IST by investigating the potential effect of the IST on inequality in farm incomes using Swiss agriculture as a case study. We find that the IST will significantly reduce income inequality, in particular by increasing lower quantiles of the income distribution. This property constitutes a value-added of the IST that is not yet considered in the current policy debate.
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