Abstract:
The present Master thesis, using microeconomic data of 1169 farm holdings, taken
from the Farm Accountancy Data Network (FADN) for the period 2001-2010, was
undertaken to explore the dynamics of farm incomes of Greece. For the measurement
of farm income, the family farm income and gross farm income was accounted. In the
first part of study, farm incomes are compared with those in secondary and tertiary
sector of the economy and, also, inequality and mobility of this sector are presented in
this decade. In the second part of study, the factors which affect on the probability of
a farm to be found in the lowest income class are identified. The results show that
both inequality and mobility of farm incomes is greater than in the other sectors of
economy. Thought, as the years go, have been observed mobility from lower to higher
income classes. With Cox proportional hazard model, in the second part, are
presented the probabilities for a farm to be found in the lowest income class and, also,
the probabilities to leave from this, for each factor that affects farm incomes. The
results show that farms that have left the lowest income class have very few chances,
in the long run, to be again in this. As regards the factors that affect farm income, so
the age of farmers and whether a farm is owned or not play a major role in the length
of staying in the lowest income class.
