Berlinschi, Ruxanda; Swinnen, Johan F.M.; Van Herck, … - International Association of Agricultural Economists - IAAE - 2012
Agricultural employment in industrialized countries has been steadily decreasing despite important levels of farm … subsidies. In this paper we provide a new explanation for this puzzle, namely the positive impact of subsidies on the education … level of farmers’ children. If farmers are credit constrained, they may underinvest in their children’s education. By …