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
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Englisch
- Bibliographic citation
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Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 5 ; Year: 2017 ; Issue: 9 ; Pages: 1-15 ; Heidelberg: Springer
- Classification
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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
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Single farm payment
Agricultural policy
Income risk
Risk management
Farm assets
- Event
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Geistige Schöpfung
- (who)
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Knapp, Edward
Loughrey, Jason
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2017
- DOI
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doi:10.1186/s40100-017-0078-9
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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