The Capitalisation of Fixed per hectare Payment into Land Rental Prices: a Spatial Econometric Analysis of Regions in EU
Paolo Sckokai () and
Mario Veneziani ()
No 173093, 2014 Third Congress, June 25-27, 2014, Alghero, Italy from Italian Association of Agricultural and Applied Economics (AIEAA)
Following the decoupling of agricultural support from productions, the likelihood that payments get capitalised into farmland rent or sale prices has increased. In this study, the issue of capitalisation is examined for the case of regions in the EU and the three year (2006-2008) time span following the introduction of the reform is considered in an attempt to disentangle the effect of the decoupling. Evidence put forward in this study confirms the results of previous literature at the micro-level, suggesting that an additional 1% granted to farmers translates into an increase of 0.22% in farmland rents.
Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed
Downloads: (external link)
https://ageconsearch.umn.edu/record/173093/files/T ... neziani_%20Mario.pdf (application/pdf)
Working Paper: The capitalization of fixed per hectare payment into land rental prices: a spatial econometric analysis of regions in EU (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:aiea14:173093
Access Statistics for this paper
More papers in 2014 Third Congress, June 25-27, 2014, Alghero, Italy from Italian Association of Agricultural and Applied Economics (AIEAA) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().