This paper estimates the capitalization of the single payment scheme (SPS) into land values. The theory suggests a nonlinear and discontinuous relationship between the SPS and land rents. In empirical analysis we employ unique farm-level panel data and apply the generalized propensity score...

Drawing on a unique farm level panel data set with 37,409 observations for period 2004–2005 and employing a matching estimator, this paper analyses how farm access to credit affects farm input allocation and farm efficiency in the CEE transition countries. We find that farms are asymmetrically...

The present paper analyses sectoral impacts of the CEE integration with EU. Adopting a par-tial equilibrium model we explicitly model the agricultural sector in CEE. The underlying par-tial equilibrium model is based on the duality theory. The model captures all key CAP instru-ments, such as...