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Home Browse 2020 - Volume 122 Volume 122 - Issue 2

Impact of off-farm income and paid taxes on the composition and volatility of incomes and wealth of dairy farmers in the Netherlands

by VROLIJK, Hans and POPPE, Krijn
1 min read
  • Year 2020
  • Volume 122
  • Issue 2
  • Pages 57-65

This paper analyses the composition and volatility of the total income and wealth of dairy farmers and the importance and volatility of the different components contributing to their total income and wealth based on Dutch FADN data. The results confirm some existing findings on the stabilising impact of CAP subsidies and off-farm income on farmers’ total income. The paper extends the existing analyses by exploring the impact of taxes on income volatility and the important role of savings in stabilising consumption of farm households. In this paper we show that a broader perspective (including off-farm income and wealth) provides a more realistic picture of the income and wealth effects as experienced by farmers.

Keywords: dairy farmsfarm incomeincome volatilityoff-farm incomepaid taxes
  • https://doi.org/10.7896/j.2046
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  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

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Keywords

adoption (4) agricultural insurance (2) agriculture (12) assessment (2) CAP (3) Central and Eastern Europe (3) climate change (5) Common Agricultural Policy (3) competitiveness (5) consumer preferences (4) Covid-19 (4) dairy farms (3) Data Envelopment Analysis (3) determinants (2) elasticity (3) European Union (6) FADN (3) family farms (4) farmers (3) farm income (3) Hungary (5) ICT (2) impact evaluation (4) innovation (4) international trade (2) intra-industry trade (2) LEADER (4) maize (3) methodology (2) Nigeria (2) off-farm income (4) organic farming (2) participation (3) policy (4) risk management (3) rural areas (4) rural development (13) rural employment (2) social capital (3) social innovation (3) stochastic frontier analysis (2) Structural Funds (3) sustainability (5) sustainable agriculture (3) technical efficiency (2)
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