Artikel

The single farm payment and income risk in Irish farms 2005-2013

Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the first 9 years of the decoupled subsidy era. The primary income support for European farmers, the single farm payment (SFP), is analysed in the context of its relationship with market income risk, i.e. farm income excluding subsidies. Detrended measures of market income variability are regressed on a large set of control variables. The findings suggest that the amount of SFP received by farmers has a strong and statistically significant relationship with agricultural income volatility.

Language
Englisch

Bibliographic citation
Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 5 ; Year: 2017 ; Issue: 9 ; Pages: 1-15 ; Heidelberg: Springer

Classification
Wirtschaft
Firm Behavior: Empirical Analysis
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Agricultural Policy; Food Policy
Subject
Single farm payment
Agricultural policy
Income risk
Risk management
Farm assets

Event
Geistige Schöpfung
(who)
Knapp, Edward
Loughrey, Jason
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2017

DOI
doi:10.1186/s40100-017-0078-9
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Knapp, Edward
  • Loughrey, Jason
  • Springer

Time of origin

  • 2017

Other Objects (12)