The Common Agricultural Policy is the basis for ensuring food security, the sustainable use of natural resources and the balanced development of rural areas in the Member States of the European Union. The three paths of the CAP through which these objectives are achieved are: direct payments,...

Agriculture is a risky and often expensive activity, where due to unpredictable weather conditions, crops may suffer and implicitly farm yields and incomes that may be significantly affected. The paper presents the main sources of subsidies used in agriculture, as well as the role they played in...

Managed grasslands contribute in a number of ways to the biodiversity of European agricultural landscapes and provide a wide range of ecosystem services that are also of socio-economic value. Against the background of a rapid biodiversity loss in agricultural landscapes, increasing attention is...

Following the theory of a farm household model, the relations between farm and farmer characteristics, including two different kinds of direct payments, and their effects on the off-farm labour allocation decisions of farm operators were analysed. Swiss farm accountancy data network (FADN) data...

In 2009, the Thai government implemented a price insurance scheme for rice farmers. The program, which was abandoned after only one year, added to the incomes of registered farmers a non-negative but stochastic amount that was decoupled from farmers' agricultural activities. A rich panel data...

The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the...

Despite growing environmental issues, and increasing public and private interests, scientific studies on the management of agroecosystem services are at the beginning stage. This article incorporates the interdisciplinary New Institutional Economics framework and identifies and assesses a...

The issue of climate change has at long last made its way into mainstream policy discussions in the United States. However, the focus both in the United States and internationally has been on reducing energy production and transportation emissions. This has led the media, policy makers and the...