The European Union decided in June 2003 a new reform of its farm policy with a new step toward the decoupling of farm income support instruments. Available impact studies find that this reform will reduce production incentives, substantially for beef and to a lesser extent for arable crops. All...

The objective of this study is to measure the level of the European Union's (EU) Common Agricultural Policy (CAP) price support system (PSS) applied to producers in the EU-15 and in Turkey. The producer subsidy estimate (PSE) method has been used to determine protection levels for selected...

We argue in this paper that available econometric estimates of farmers’ risk aversion do notmeasure true farmers’ preferences towards risky outcomes. Available analyses are mostly ofstatic nature and indeed measure the parameters of the synthetic optimal value function ratherthan the deep...

Medium-term prospects for key agricultural markets in Lithuania are analysed under alternative policies. Policy alternatives show the impacts of EU accession and also the impacts of implementing AP reforms in 2007. The model is a partial equilibrium, multi-commodity model where commodity prices...

The objective of this paper is to analyse farm strategies and investment behaviour in a sample ofselected Italian farm-households facing different scenarios, with a particular focus on the effects ofthe 2003 CAP reform. Models were built for individual households using multi-criteria...

Based on the comprehensive Impact assessment of potential changes to the CAP thataccompanied the HC legal proposals tabled by the Commission on 20th May 2008, this paperfocuses on the impact analysis of options for adjustment of the Single Payment Scheme. It isput in evidence the distributional...

Since 2000, the two important reforms of The EU Common Agricultural Policy (CAP)took place. The Agenda 2000 Berlin Agreement of March 1999 aimed to increase EUagriculture market orientation and focuses on the grain, oilseed, dairy and the beef sectors. Itreduced intervention prices in these...

The CAP reform process has been a central issue for agricultural economics research in recentyears, and is gaining further attention in view of the post-2013 perspectives.The objective of this paper is to assess ex-ante the effect of different post-2013 CAP and marketscenarios on the demand of...

Az ártámogatási mechanizmusokat 1992 óta fokozatosan felváltották a termeléstől független közvetlen kifizetések, amelyek enyhítették a KAP negatív mellékhatásait. A jelenlegi KAP ugyanis kevésbé torzítja az európai és globális agrárpiacokat, mérsékli a fejlődő...

Purpose – The purpose of this paper is to examine whether Australian agricultural firms display big bath behaviour during droughts by recognising extraordinary and abnormal losses. It is hypothesised that Australian agricultural firms are more likely to report big bath losses in drought years...