The main objective of this study is to show how various micro-economic direct/indirect effects (e.g. deadweight loss, leverage effects, etc.) and selected general equilibrium effects (e.g. substitution and displacement effects) of EU RD programmes can be calculated using recently developed...

The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we employ the difference-in-difference propensity score...

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...

Recently the importance of a comprehensive policy evaluation has been increasingly recognized by international organizations, e.g. the World Bank, OECD and FAO as well as especially by the EU. In particular, for agricultural policies of the second pillar a comprehensive evaluation is obligatory....

The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we employ the difference-in-difference propensity score...