Rizov, Marian, Pokrivcak, Jan and Ciaian, Pavel (2013) CAP subsidies and productivity of the EU farms. Journal of Agricultural Economics, 64 (3). pp. 537-557. ISSN 0021-857X
Full content URL: http://onlinelibrary.wiley.com/doi/10.1111/1477-95...
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| Item Type: | Article |
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| Item Status: | Live Archive |
Abstract
The paper investigates the impact of the Common Agricultural Policy (CAP) subsidies
on farm total factor productivity (TFP) in the European Union (EU). We
employ a structural semi-parametric estimation algorithm directly incorporating
the effect of subsidies into a model of unobserved productivity. We empirically
study the effects using the Farm Accountancy Data Network (FADN) samples for
the EU-15 countries. Our main findings are clear: subsidies impact negatively on
farm productivity in the period before the decoupling reform was implemented;
after decoupling the effect of subsidies on productivity is more nuanced and in
several countries it turned positive.
| Additional Information: | The final published version of this article can be accessed online at https://onlinelibrary.wiley.com/doi/full/10.1111/1477-9552.12030 |
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| Keywords: | CAP subsidies, investment, productivity, micro data, EU farms |
| Subjects: | L Social studies > L140 Econometrics L Social studies > L112 Agricultural Economics L Social studies > L120 Microeconomics L Social studies > L241 European Union Politics |
| Divisions: | Lincoln International Business School |
| ID Code: | 31030 |
| Deposited On: | 23 Aug 2018 13:06 |
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CAP subsidies and productivity of the EU farms. (deposited 16 Oct 2015 11:21)
- CAP subsidies and productivity of the EU farms. (deposited 23 Aug 2018 13:06) [Currently Displayed]
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