Measurement and Decomposition of Income Inequality among Agricultural Households in Andhra Pradesh
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Author: Mulla Areef and Yanamadala Radha
Author Address: Research Scholar and Director (P&M Cell) and Head, Department of Agricultural Economics, College of Agriculture, Acharya N.G. Ranga Agricultural University, Bapatla-522101 (Andhra Pradesh)
Keywords: Gini ratio, income inequality, inequality decomposition, RBID, Theil index
JEL Codes: C21, Q12, R33
Abstract
This study attempted to measure and decompose income inequality with the hypothesis that livestock is a major income source, and the value of farm assets is a major factor in increasing income inequality among agricultural households. The results revealed that livestock and agricultural wages had a larger equalizing effect across the income sources, and cultivation and off-farm had an un-equalizing effect on income distribution. The findings suggested that livestock and work opportunities in off-farm as an agricultural labourer can serve as potential sectors for marginal and small farmers to enhance income and minimize income variability across landholding categories.
Description
Indian Journal of Economics and Development
Volume 18 No. 2, 2022, 350-358
DOI: https://doi.org/10.35716/IJED/22004
NAAS Score: 5.15 (2022)
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus (SJR: 0.18)
UGC Approved (UGC-Care List Group II)