EU Land Markets and the Common Agricultural Policy

Arbeitspapier

Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the income distributional effects and farm restructuring are impacted by the SPS by accounting for entitlement tradability, cross-compliance requirements, different SPS implementation models, and the entitlement stock. Our results suggest that the SPS implication details are highly important: farmers’ benefits can range from 100% of the SPS value to a negative policy incidence, and farm structural change may be hindered by the SPS.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EERI Research Paper Series ; No. 47/2010

Classification and Topics

• Classification: Wirtschaft ; Taxation and Subsidies: Incidence ; Production, Pricing, and Market Structure; Size Distribution of Firms ; Agriculture: Aggregate Supply and Demand Analysis; Prices ; Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets ; Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment ; Agricultural Policy; Food Policy ; Collectives; Communes; Agriculture ; Size and Spatial Distributions of Regional Economic Activity
• Subject: Decoupled subsidies ; capitalisation ; land market ; income distributional effects ; SPS ; structural change

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ciaian, Pavel ; Kancs, d’Artis ; Swinnen, Johan
• Event: Veröffentlichung
• (who): Economics and Econometrics Research Institute (EERI)
• (where): Brussels
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/142607
• Last update: 10.03.2025, 11:43 AM CET