Biagini L., Antonioli F., Severini S. (2020). The role of the common agricultural policy in enhancing farm income: a dynamic panel analysis accounting for farm size in Italy. Journal of agricultural economics, 01/09/2020, vol. 71, n. 3, p. 652-675.
https://doi.org/10.1111/1477-9552.12383
https://doi.org/10.1111/1477-9552.12383
Titre : | The role of the common agricultural policy in enhancing farm income: a dynamic panel analysis accounting for farm size in Italy (2020) |
Auteurs : | L. Biagini ; F. Antonioli ; S. Severini |
Type de document : | Article |
Dans : | Journal of agricultural economics (vol. 71, n. 3, September 2020) |
Article en page(s) : | p. 652-675 |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Catégories principales 06 - AGRICULTURE. FORÊTS. PÊCHES ; 6.3 - PACThésaurus IAMM PAC ; POLITIQUE AGRICOLE ; REVENU AGRICOLE ; EVALUATION DE L'IMPACT ; TAILLE DE L'EXPLOITATION AGRICOLE ; POLITIQUE DE SOUTIEN ; ITALIE |
Résumé : | As a multi-objective policy, the EU Common Agricultural Policy continues to secure significant income support for farmers as one of the nine specific objectives. We estimate the income transfer efficiency of a broad set of pivotal policy measures, focusing on the effects of farm structure on income transfer efficiency. We use dynamic modelling, based on a micro-data panel of Italian farms for the period 20082014, allowing for endogeneity, simultaneity bias, and omitted variables. In line with previous studies and economic expectations, we find that decoupled direct payments provide the highest contribution to agricultural incomes, followed by agri-environmental payments and on-farm investment subsidies. Coupled payments have no significant impacts on farmers income. Generally, for all analysed Common Agricultural Policy measures, large farms benefit from greater transfer efficiency levels compared with medium and small farms. These differences among instruments and across farms suggest that policy-participation costs may play a pivotal role, together with the economic structure of farms, in determining the income transfer efficiency of CAP policies. |
Cote : | Réservé lecteur CIHEAM |
URL / DOI : | https://doi.org/10.1111/1477-9552.12383 |