Executive Summary -- Chapter 1. Introduction -- Chapter 2. Theoretical foundations for asset capitalisation -- Chapter 3. Land prices, empirical evidence and literature review -- Chapter 4. A framework to analyse policies that affect asset capitalisation and mobility -- Chapter 5. Policy...

Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU land markets; in particular the capitalization of the...