Decoupled direct payments were introduced in the European Union (EU) by the 2003 CAP reform in form of the Single … source of the post-reform capitalization in the EU are the entitlement stock changes accounting for 19% of total post … average in the EU, the non-farming landowners' policy gains are 25% of total decoupled payments in the post-reform period …

This is the first paper to study job creation and destruction in EU agriculture. We disaggregate gross employment … patterns and net job flows into detailed intra-sectoral labour adjustment dynamics based on a unique EU-wide firm level panel … dataset for 1990-2005. We find that: (1) job creation and destruction rates in EU agriculture are comparable to other sectors …