The Effects of Resource Policies on Income Distribution

Keywords

Agricultural resources, Income distribution, Wealth, Land resources, Water resources, Agricultural policy, Water allocation, Soil resources, Farms, Net income

Abstract

The general focus of this paper will be on how income distribution is affected by the policies, mostly federal, that allocate water and grazing in the West. The emphasis will be primarily on the agricultural uses of the resources in question. The approach used is to appraise "what is" rather than to prescribe "what ought to be". The distributive impact of policies per se will not be evaluated; instead, the evaluation will center on practices common to resource policies of many kinds (as, for example, underpricing of resource services). The basis for evaluating will be the differences between the way income and wealth are distributed by existing resource policies and the way they would be distributed by a perfectly competitive market.

Original Publication Citation

Gardner, B. Delworth. “The Effects of Resource Policies on Income Distribution.” Journal of Farm Economics, vol. 48, no. 5, 1966, pp. 1242–1253. JSTOR, JSTOR, www.jstor.org/stable/1237129.

Document Type

Peer-Reviewed Article

Publication Date

1966-12

Permanent URL

http://hdl.lib.byu.edu/1877/5082

Publisher

Journal of Farm Economics

Language

English

College

Family, Home, and Social Sciences

Department

Economics

University Standing at Time of Publication

Full Professor

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