This paper analyses the impact of the Common Agricultural Policy arable crop regime on farm investment and output, introducing explicitly farmers' risk attitudes into a dynamic dual model of farm decision-making. Estimation and simulation results are based on a Farm Accounting Data Network...

We study the capitalisation of subsidies in the European Union (EU) regions in the years 2006-2008, the first years after the introduction of the Common Agricultural Policy (CAP) 2003 reform that decoupled subsidies from production and attached them to land. For this purpose, we use regional...

Indicator-based frameworks for assessing farms' environmental performance have become a resource for environmental knowledge regarding the impacts of agricultural practices. The present study explores whether a novel indicator-based direct payment system, which focuses on the farms'...