This paper uses microlevel data from the Agricultural Resource ManagementSurvey to examine the changes in the distributions of household wealth andto assess the role farm subsidies play, among other factors, in affectingthese distributions. The empirical analysis relies on the concept of theadjusted Gini coefficient and on fixed-effect regression procedures.Coefficients from fixed-effects estimation indicate a negative correlationbetween government payments and wealth dispersion, with the effect shiftingtoward more of a positive relation when government payments were allowed tointeract with regional dummies.
