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...

Über Jahrzehnte hinweg wurde ein beträchtlicher Teil des EU Budgets verwendet um die europäischen Landwirte zu unterstützen. In dieser Arbeit analysieren wir den Einfluss verschiedener Instrumente der Gemeinsamen Agrarpolitik (GAP) auf die landwirtschaftlichen Bodenkauf - und...

Economic theory and empirical findings suggest that the way in which agricultural support is provided has an influence on land markets. Support payments tend to become capitalised into land values to some degree, affecting both the sales and rental prices of land. These effects in turn have a...

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...