| A multi-sector model is used to assess the targeting of CAP payments in Italy, according with alternative definitions of the “real farmers” institutional sector. The model is based on a Social Accounting Matrix of the Italian economy, properly adapted to represent the process of income formation and distribution in agriculture. The accounting framework has been integrated with a set of microeconomic information from the Farm Business Survey, a sample of agricultural holdings representative of the whole industry in Italy. The effects of changes in CAP payments have been assessed through a process in which impacts moves from the micro to the macro module of the model and return, in an iterative way. A vector of final income increase for each household... |
