| Description |
Agricultural real factor income measures the income generated by farming, which is used to remunerate borrowed or rented factors of production (capital, wages and land rents) as well as own production factors (own labour, capital and land). Annual work units (AWUs) are defined as full-time equivalent employment (corresponding to the number of full-time equivalent jobs), which is calculated by dividing total hours worked by the average annual number of hours worked in full-time jobs within the economic territory. This can be interpreted as a measure of labour productivity in agriculture. The data stem from the Economic Accounts for Agriculture (EAA), which provide detailed information on agricultural sector income. |