| Description |
Share of average wage in whole economy; Agricultural entrepreneurial income measures the income derived from agricultural activities that can be used for the remuneration of own production factors, i.e. non-salaried (= family) labour, land belonging to the agricultural holding and own capital. The agricultural income aggregates do not represent the disposable income of farm households, because the latter, in addition to their purely agricultural incomes, may also have income from other sources (non-agricultural activities, remuneration, social benefits, income from property). Comparing agricultural income to average wages in the economy nonetheless provides an estimate for the opportunity cost of agricultural family labour, i.e., the average income opportunities that a person would have outside of agriculture. The Agricultural entrepreneurial income can be negative (in SK e.g.). In this case the share is not calculated. (https://agridata.ec.europa.eu/Qlik_Downloads/Jobs-Growth-sources.htm) |