Showing 1 - 10 of 121
reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU … implementation details of the 2013 CAP reform will largely determine the impact of the SPS on land markets. The key ones are the …
Persistent link: https://www.econbiz.de/10011527216
Decoupled direct payments were introduced in the European Union (EU) by the 2003 CAP reform in form of the Single … Payment Scheme (SPS) and the Single Area Payment System (SAPS). The 2013 CAP reform changed both the implementation of … decoupled payments as well as its budget. We assess the possible effects of the 2013 CAP reform on the capitalization of …
Persistent link: https://www.econbiz.de/10011784362
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011523474
This study investigates the impact of the SAPS (Simplified Area Payment Scheme) on rental land values in seven New EU Member States (NMS). Using the FADN farm level panel data with 20,930 observations from 2004 and 2005 we are able to control for unobserved heterogeneity, simultaneity, and...
Persistent link: https://www.econbiz.de/10011523656
In this paper we estimate the income distributional effects of the common agricultural policy (CAP) for farmers and landowners. First, we theoretically analyse the level of farmers' and landowners' gains from coupled and decoupled payments. Second, using a unique farm level panel data set from...
Persistent link: https://www.econbiz.de/10011524063
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011524822
This paper estimates the capitalization of the Single Payment Scheme (SPS) into land values. The theory suggests that the relationship between the SPS and land rents is non-linear and discontinuous, because the SPS impact on land values depends on many factors, such as policy implementation...
Persistent link: https://www.econbiz.de/10013111723
This report synthesises the findings from the workshop on “Sustainability and Production Costs in the Global Farming Sector: Comparative Analysis and Methodologies” organised jointly by the IPTS-JRC and the Directorate-General for Agriculture and Rural Development in Brussels on 21-22 June...
Persistent link: https://www.econbiz.de/10011169884
We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...
Persistent link: https://www.econbiz.de/10012939239
We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...
Persistent link: https://www.econbiz.de/10012437715