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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
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
land markets; in particular the capitalization of the SPS in land rental values. Our analyses suggest that the …
Persistent link: https://www.econbiz.de/10011527216
decoupled payments as well as its budget. We assess the possible effects of the 2013 CAP reform on the capitalization of … decoupled payments in land rental values. Our estimates suggest that the CAP reform leads to an increase in the capitalization …) and New MS (NMS). In NMS the capitalization rate slightly reduces from 76% in the pre-reform period to 72% in the post …
Persistent link: https://www.econbiz.de/10011784362
This paper analyses the distributional effects of decoupled Single firm Payments (SFP) in the European Union. In a static world the SFP benefit only firmers, irrespective of the implemented SFP model and irrespective of whether entitlements are tradable or not, except when the size of the...
Persistent link: https://www.econbiz.de/10010313395
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 chapter, we review land market institutions in the European Union (EU) and their potential impact on land markets. We first review land tenure-/ownership regulations and find that they vary heavily across EU Member States. Four types of tenure-/ownership measures are implemented in the...
Persistent link: https://www.econbiz.de/10011784471
Persistent link: https://www.econbiz.de/10010492776
Subsidies linked to production have been classified to be environmentally harmful by OECD. A core element of the EU 2003 Common Agricultural Policy (CAP) reform is to decouple income support from production. This paper estimates the environmental consequences of this policy reform. An...
Persistent link: https://www.econbiz.de/10011435170
Auf dem so genannten Krisengipfel der Staats- und Regierungschefs der EU-Mitgliedsländer im Sommer dieses Jahres kam starke Kritik vor allem vom britischen Premier Tony Blair an den "hohen Agrarsubventionen" auf. Auch wenn die Frage des EU-Agrarhaushaltes mittlerweile wieder in den Hintergrund...
Persistent link: https://www.econbiz.de/10011692345