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. Second, using a unique farm level panel data set from the FADN for the period 1995-2007 we employ the fixed effects, the …
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important adjustment process. Using static and dynamic panel data estimators, we show that standard neoclassical drivers, like …
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The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...
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