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The National Income and Product Accounts: Estimating Farm Income by Type of Farm

Author

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  • Simunek, Richard
  • Somwaru, Agapi
  • Suddendorf, Sandra
  • Lucier, Gary

Abstract

U.S farms are becoming increasingly specialized, limiting the usefulness of traditional aggregate analysis. This report identifies data limitations, advantages in estimating farm income by type of farm, and the implications of SIC-based measures. The potential relationships between the SIC type of farm income estimates and the other farm sector accounts, including productivity, costs of production, and input-output accounts, are analyzed.

Suggested Citation

  • Simunek, Richard & Somwaru, Agapi & Suddendorf, Sandra & Lucier, Gary, 1985. "The National Income and Product Accounts: Estimating Farm Income by Type of Farm," Technical Bulletins 157007, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:157007
    DOI: 10.22004/ag.econ.157007
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    References listed on IDEAS

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    1. Johnson, Jim & Baum, Kenneth & Clauson, Annette & Simunek, Richard, 1984. "Policy Analysis And Farm Typology Using Sector Survey Data," 1984 Annual Meeting, August 5-8, Ithaca, New York 279064, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Schluter, Gerald & Lee, Gene K., 1981. "Effects of Relative Price Changes on U.S. Food Sectors, 1967-78," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 33(1), pages 1-12, January.
    3. Somwaru, A. & Lee, T. C. & Seaver, S. K., 1981. "The Effects of Industrialization on Farm Income Distribution and Farm Numbers in New England," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 2), pages 1-8, October.
    4. Riemenschneider, Charles H. & Brinkman, George L. & Nicol, Kenneth J. & Hoffman, George & Beelen, George W., 1983. "Proceedings of the Seminar on Revisions to Farm Income and Financial Statistics for Canada," Occasional Papers 124290, University of Manitoba, Department of Agribusiness and Agricultural Economics.
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    Cited by:

    1. Daugherty, Arthur B., 1987. "Land Improvement Tax Deductions: Use And Value To The Farm Sector," Staff Reports 277926, United States Department of Agriculture, Economic Research Service.

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