Kristkova, Zuzana; Ratinger, Tomas - In: AGRIS on-line Papers in Economics and Informatics 4 (2012) 4
suggest that the changes in financing the second pillar CAP will produce only marginal effects on the economy. However, the … reallocation of funds from the first to the second pillar has considerably larger negative effects on gross value added and … employment in agriculture than the case of the second pillar budget reduction. On the other hand, the reallocation of funds will …