Guastella, Gianni; Moro, Daniele; Sckokai, Paolo; … - In: Bio-based and applied economics 10 (2021) 1, pp. 7-17
We study the capitalisation of subsidies in the European Union (EU) regions in the years 2006-2008, the first years after the introduction of the Common Agricultural Policy (CAP) 2003 reform that decoupled subsidies from production and attached them to land. For this purpose, we use regional...