Ciaian, Pavel; Kancs, D'Artis; Gómez y Paloma, Sergio - 2010
Heckman selection bias and the GMM estimators to estimate income distributional effects of CAP subsidies. The results do not … confirm the theoretical hypothesis that landowners benefit a large share of the CAP subsidies. According to our estimates … decupled payments, respectively. The CAP subsidies are only marginally capitalised in land rents. Our results suggest that the …