A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis

Galluzzo Nicola ()
Additional contact information
Galluzzo Nicola: ASGEAR Association of Geographical and Economic Studies in Rural Areas, RietiItaly

European Countryside, 2020, vol. 12, issue 4, 494-505

Abstract: The Common Agricultural Policy (CAP) has undergone radical changes as a consequence of international agreements. Through a parametric approach based on Stochastic Frontier Analysis, it has been possible to estimate the impact of financial subsidies allocated under the Common Agricultural Policy for the period from 2007 to 2017 in the framework of the first and second pillars to Romanian farms that are part of the FADN dataset. The findings have revealed the positive effect of financial subsidies allocated to disadvantaged rural areas in increasing technical efficiency, and a modest impact of decoupled payments disbursed under the first pillar of the CAP on the Romanian farms investigated.

Keywords: Common Agricultural Policy; Less favoured areas; decoupled payments; rural development; DEA; SFA (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/euco-2020-0026 (text/html)

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:vrs:eurcou:v:12:y:2020:i:4:p:494-505:n:3

DOI: 10.2478/euco-2020-0026

Access Statistics for this article

European Countryside is currently edited by Milada Šťastná

More articles in European Countryside from Sciendo
Bibliographic data for series maintained by Peter Golla ().