Farm level effects of policy reforms in Germany: First empirical evidence

Jan-Henning Feil, Oliver Musshoff and Tobias Roeren-Wiemers

Journal of Policy Modeling, 2014, vol. 36, issue 6, 1036-1047

Abstract: The farm level effects of policy reforms in agriculture have been discussed in the literature for a long time. However, empirical studies based on field data are not yet available. In this paper, the effects of the EU agricultural reforms in the last two decades and the introduction of the German Renewable Energy Sources Act on agricultural enterprises are investigated. For this, panel data of arable farms in the German federal state of North Rhine-Westphalia for the period from 1984/85 to 2010/11 is analyzed by means of a fixed effects model. The results suggest that the farm income level, transmission effects on land rental markets and the farm income risk were significantly affected by the respective reforms.

Keywords: Agricultural policy; Policy impact analysis; Panel data; Fixed effects model (search for similar items in EconPapers)
JEL-codes: C33 C54 Q18 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:36:y:2014:i:6:p:1036-1047

DOI: 10.1016/j.jpolmod.2014.11.003

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