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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 …
Persistent link: https://www.econbiz.de/10011524063
This paper deals with the analysis of the impact of credit rationing on the farmer's economic equilibrium and the analysis of different policy scenarios in a derived neoclassical adjustment cost framework. The theoretical model is an optimal dynamic investment model, in which the upper bound on...
Persistent link: https://www.econbiz.de/10003663077
The paper reviews the multisectoral models used in the last 10 years to analyse the effects of the Common Agricultural Policy. It begins with a presentation of the theoretical structure of computable general equilibrium models, including both single-region and multi-region models. In this...
Persistent link: https://www.econbiz.de/10014115611
Die vorliegende Arbeit untersucht die Allokations-, Einkommens- und Verteilungseffekte unterschiedlicher Ausgestaltungsoptionen gekoppelter und entkoppelter Direktzahlungssysteme. Besonderes Augenmerk wird auf die Auswirkungen auf den für die Landwirtschaft bedeutenden Faktormärkten für Boden...
Persistent link: https://www.econbiz.de/10002963595
Persistent link: https://www.econbiz.de/10011632332
Persistent link: https://www.econbiz.de/10011648071
From a theoretical point of view, result-based agri-environmental payments are clearly preferable to action-based payments. However, they suffer from two major practical disadvantages: costs of measuring the results and payment uncertainty for the participating farmers. In this paper, we propose...
Persistent link: https://www.econbiz.de/10012058122
This paper introduces misrepresentation and cheating into the policy analysis of output quotas and subsidies … traditionally believed. As well, cheating increases the transfer efficiency of output subsidies. The result is that an all …-or-nothing choice between quotas and subsidies will generally favor the use of subsidies. A combination of quotas and subsidies, however …
Persistent link: https://www.econbiz.de/10014154477
Based on an economy-wide perspective, this paper begins with a discussion of the bias against exports and agriculture that characterized the economic literature and the development strategies in many developing countries after World War II. This is followed by an analysis of how the...
Persistent link: https://www.econbiz.de/10014024104