CAP subsidies and the productivity of EU farms
Rizov, Marian, Pokrivcak, Jan and Ciaian, Pavel (2013) CAP subsidies and the productivity of EU farms. Working Paper. FACTOR MARKETS project. . [Monograph]
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Abstract
This paper investigates the impact of subsidies from the common agricultural policy on the total factor productivity of farms in the EU. We employ a structural, semi-parametric estimation algorithm, directly incorporating the effect of subsidies into a model of unobserved productivity. We empirically study the effects using samples from the Farm Accountancy Data Network for EU-15 countries. Our main findings are clear: subsidies had a negative impact on farm productivity in the period before the decoupling reform was implemented; after decoupling the effect of subsidies on productivity was more nuanced, as in several countries it turned positive.
| Item Type: | Monograph (Working Paper) |
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| Additional Information: | Contributing institution: Slovak Agricultural University in Nitra (SAU) |
| Research Areas: | A. > Business School > Economics |
| Item ID: | 12282 |
| Depositing User: | Marian Rizov |
| Date Deposited: | 23 Oct 2013 12:52 |
| Last Modified: | 30 Nov 2022 00:13 |
| URI: | https://eprints.mdx.ac.uk/id/eprint/12282 |
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