Monday, 13 January 2025
A new study to examine farm household income and reliance on government subsidies has received funding and will help inform policy makers on the realities of farm finances.
Paul Wilson, Professor of Agricultural Ecomincs at the University of Nottingham has been awarded funding by Administrative Data UK (ADR UK) to become one of their research fellows exploring the socioeconomic characteristics and ecomonic resilience of farming households.
This innovative project will explore how much farm households rely on Government subsidies and non-farm business earnings from family members, and also if these non-farm business income streams are supporting losses from farming. The findings will supply policy makers with crucial insights into the realities of farm household incomes.
Professor Wilson’s project will explore the following research questions:
1.How does farm household reliance on non-farm earnings differ across regions, farm type, and farm family household composition and characteristics?
2.To what extent are different farm-family households reliant on agricultural and other subsidies for their total farm-family household income?
- Do farm-family household financial hardship levels differ substantially from those of non-farm rural households, accounting for type of employment?
Professor Wilson will gather insights by holding workshops with with farmers, farming organisations and policy makers that will help shape the research. He will also use Annual Survey of Hours and Earnings (ASHE) data to estimate typical earnings for different occupations. Using Farm Business Survey data he will also estimate business profit as a percentage of turnover for different farm types across regions. Together, these results will allow more data to be added to the newly available Administrative Data | Agricultutral Research Collection (AD|ARC) dataset for England and Wales, creating a new dataset that will be analysed to answer the research aims.
Professor Wilson adds: “Farming is an essential part of the UK economy and society and an industry that is curtrently facing a huge amount of financial pressure. This is why it is vital we gather an accurate picture of farm household finances to help secure the future of farming and help ensure that Government support for farming families is delievered in the best possible way.”
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More information is available from Professor Paul Wilson on Paul.Wilson@nottingham.ac.uk
Notes to editors:
About the University of Nottingham
Ranked 32 in Europe and 16th in the UK by the QS World University Rankings: Europe 2024, the University of Nottingham is a founding member of the Russell Group of research-intensive universities. Studying at the University of Nottingham is a life-changing experience, and we pride ourselves on unlocking the potential of our students. We have a pioneering spirit, expressed in the vision of our founder Sir Jesse Boot, which has seen us lead the way in establishing campuses in China and Malaysia - part of a globally connected network of education, research and industrial engagement.
Nottingham was crowned Sports University of the Year by The Times and Sunday Times Good University Guide 2024 – the third time it has been given the honour since 2018 – and by the Daily Mail University Guide 2024.
The university is among the best universities in the UK for the strength of our research, positioned seventh for research power in the UK according to REF 2021. The birthplace of discoveries such as MRI and ibuprofen, our innovations transform lives and tackle global problems such as sustainable food supplies, ending modern slavery, developing greener transport, and reducing reliance on fossil fuels.
The university is a major employer and industry partner - locally and globally - and our graduates are the second most targeted by the UK's top employers, according to The Graduate Market in 2022 report by High Fliers Research.
We lead the Universities for Nottingham initiative, in partnership with Nottingham Trent University, a pioneering collaboration between the city’s two world-class institutions to improve levels of prosperity, opportunity, sustainability, health and wellbeing for residents in the city and region we are proud to call home.
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