CAP subsidies and productivity of the EU farms
Rizov, Marian, Pokrivcak, Jan and Ciaian, Pavel (2013) CAP subsidies and productivity of the EU farms. Journal of Agricultural Economics, 64 (3) . pp. 537-557. ISSN 0021-857X [Article] (doi:10.1111/1477-9552.12030)
|
PDF
- Final accepted version (with author's formatting)
Download (367kB) | Preview |
Abstract
The paper investigates the impact of the Common Agricultural Policy (CAP) subsidies on farm total factor productivity (TFP) in the European Union (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 the Farm Accountancy Data Network (FADN) samples for the EU-15 countries. Our main findings are clear: subsidies impact negatively on farm productivity in the period before the decoupling reform was implemented; after decoupling the effect of subsidies on productivity is more nuanced and in several countries it turned positive.
| Item Type: | Article |
|---|---|
| Keywords (uncontrolled): | CAP subsidies; investment; productivity; micro data; EU farms |
| Research Areas: | A. > Business School > Economics |
| Item ID: | 13104 |
| Notes on copyright: | This is the peer reviewed version of the following article: Rizov, M. , Pokrivcak, J. and Ciaian, P. (2013), CAP Subsidies and Productivity of the EU Farms. J Agric Econ, 64: 537-557. doi:10.1111/1477-9552.12030, which has been published in final form at https://doi.org/10.1111/1477-9552.12030. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. |
| Depositing User: | Marian Rizov |
| Date Deposited: | 06 Mar 2014 06:39 |
| Last Modified: | 30 Nov 2022 00:07 |
| URI: | https://eprints.mdx.ac.uk/id/eprint/13104 |
Actions (login required)
 |
View Item |
Statistics
Additional statistics are available via IRStats2.
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)