Structural Change and Farm Investment Support in Austria

Stefan Kirchweger and Jochen Kantelhardt

No 170545, 88th Annual Conference, April 9-11, 2014, AgroParisTech, Paris, France from Agricultural Economics Society

Abstract: The effects of policy supported farm investments on structural change in agriculture have been studied rarely. The heterogeneity of farms and the problem of self-selection are challenging the evaluation of treatments in agriculture. Econometric methods can help to overcome these problems. In this paper, we apply a conditional Difference-in-Difference (DiD) estimation, where we combine Direct Covariate Matching with a DiD estimation. Our dataset consist of more than 90,000 farms. In order to measure the development and the heterogeneity of the effects after the investment we look at several years and different farm groups separately. Our results show that investing farms significantly enlarge and intensify their production more than non-investing farms. Furthermore, the results indicate that investments are often not completely implemented short-term but require a certain implementation period. This applies in particular to cattle farming.

Keywords: Agricultural and Food Policy; Agricultural Finance; Farm Management (search for similar items in EconPapers)
Pages: 14
Date: 2014-04
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/170545/files/S ... HWEGER_fullpaper.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aesc14:170545

DOI: 10.22004/ag.econ.170545

Access Statistics for this paper

More papers in 88th Annual Conference, April 9-11, 2014, AgroParisTech, Paris, France from Agricultural Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().