Empirical Evidence of the Distributional Effects of the CAP in New EU Member States
d'Artis Kancs and
Jan Pokrivcak ()
No 170, Factor Markets Working Papers from Centre for European Policy Studies
This study, carried out in the context of the Factor Markets research project, investigates the impact of the SAPS (Single Area Payment Scheme) on farmland rental rates in the new EU member states. Using a unique set of farm level panel data with 20,930 observations for 2004 and 2005 we are able to control for important sources of endogeneity. According to our results, the SAPS has a positive and statistically significant impact on land rents in the EU. However, the estimated incidence is smaller than predicted theoretically. Land rents capture only 19 cents of the marginal SAPS euro, and around 10% of the SAPS benefit non-farming landowners through higher farmland rental prices. As the share of rented land is higher in corporate farms than individual ones, family farms benefit more from the SAPS than corporate farms do.
Pages: 25 pages
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 (2) Track citations by RSS feed
Downloads: (external link)
http://www.factormarkets.eu/system/files/FM58%20Em ... New%20EU%20MSs-3.pdf
Our link check indicates that this URL is bad, the error code is: 503 Service unavailable
Working Paper: Empirical Evidence of the Distributional Effects of the CAP in New EU Member States (2013)
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:eps:fmwppr:170
Access Statistics for this paper
More papers in Factor Markets Working Papers from Centre for European Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by Eleni Kaditi ().