Table 1 Descriptive statistics
From: The single farm payment and income risk in Irish farms 2005–2013
Variable | Mean | Standard deviation |
Detrended standard deviation of gross market output | 11,842 | 12,287 |
Initial decoupled subsidies (€) | 21,787 | 15,547 |
Change in decoupled subsidies (€) | −351 | 7184 |
Mean coupled subsidies (€) | 2286 | 2880 |
Mean gross output | 70,924 | 78,844 |
Farm characteristics | Mean | Standard deviation |
Mean livestock units per hectare | 1.34 | 0.60 |
Mean daily concentrates per L.U. (kg) | 1.45 | 1.23 |
Mean crop protection cost | 1120 | 3476 |
Mean fertiliser cost | 6572 | 7196 |
Mean farmer age | 53.9 | 11.0 |
Mean farmed area (ha) | 56.7 | 43.1 |
Off-farm work | Percent | Observations |
Initial off-farm job, farmer | 27.1 | 252 |
Initial off-farm job, spouse | 36.8 | 341 |
Initial farm system | Percent | Observations |
Cattle rearing | 21.6 | 200 |
Cattle and other | 18.4 | 171 |
Dairy | 26.9 | 249 |
Dairy and other | 13.3 | 123 |
Sheep | 11.2 | 104 |
Tillage | 8.6 | 80 |