This paper investigates the co-evolution of the CAP expenditure and of the farms' performance and choices to assess whether and to what extent CAP assessment itself meets the requisites of Causal Inference. In order to identify some regularities in this co-evolution, the analysis is performed on...

The Common Agricultural Policy (CAP) continues to represent a substantial part of the European Union's budget. Although the second pillar is co-financed by national governments, European funds represent the vast majority of public spending on agriculture and rural development. In the case of...