Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/142536 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
EERI Research Paper Series No. 04/2009
Verlag: 
Economics and Econometrics Research Institute (EERI), Brussels
Zusammenfassung: 
This study investigates the impact of the SAPS (Simplified Area Payment Scheme) on rental land values in seven New EU Member States (NMS). Using the FADN farm level panel data with 20,930 observations from 2004 and 2005 we are able to control for unobserved heterogeneity, simultaneity, and omitted variable bias, which often distort the incidence measures. According to our results, the SAPS has a positive and statistically significant impact on land rents in the NMS. However, the effect is smaller than theoretically predicted. Land rents capture only 0.19 of the marginal Euro of the SAPS. Taking into account the level of land renting in the NMS, around 10 percent of the total value of SAPS payments benefit non-farming land owners through higher farmland rental prices. Because the share of rented land is higher for corporate than for individual farms, family farms will likely benefit more from the SAPS than corporate farms.
Schlagwörter: 
Agricultural policy
decoupled subsidies
capitalisation
land value
JEL: 
F12
L11
Q11
Q12
Q15
Q18
P32
R12
R23
Dokumentart: 
Working Paper

Datei(en):
Datei
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