Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium

Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using a cointegration analysis and the Vector Error Correction (VEC) model. Weekly...

This paper examines the relationship between structural changes and EU agricultural policies and their implications in the context of the enlarged EU. The paper examines the impact of EU policies on the restructuring and competitiveness of farms in the new member states taking into account...

This paper analyses how farm access to credit affects farm input allocation and farmefficiency in the CEE countries. Drawing on a unique farm level panel data with 37,409observations and employing a matching estimator we are able to control for the keysource of endogeneity – unoberserved...

Slovak sectoral partial equilibrium econometric model based on AG-MEMOD approach is used to analyse the development of the Slovak agricultural markets after EU accession. Simulation results for cereals, oilseeds and meats are provided in this article. Two scenarios are analysed: non-accession...

Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. This is the first paper that analyzes the possible effects of the 2013 CAP reform on the EU land markets; in...

This is the first paper which empirically estimates the capitalization of the Single Payment Scheme (SPS) into land values. Although, the Single Payment Scheme (SPS) is the largest expenditure category in the EU budget, the distributional impacts between land users and land owners have not been...

In this paper, we describe the regulations governing the rental markets for agricultural land in selected EU member states and candidate countries. The analysis focuses on various kinds of regulations and institutions connected with the land rental market, including price, tenancy duration,...

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...

The main objective of the present study is to estimate the extent to which the RDP investment support has a complementary or a substitutionary effect on farm investments. In order to answer this question, we attempt to quantify the potential deadweight loss by estimating the extent to which the...