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Effects of policy instruments on farm investments and production decisions in the Spanish cop sector AgEcon
Kallas, Zein; Gil, Jose Maria; Serra, Teresa.
Our paper asses the impacts of the partially decoupled (PD) scheme, implemented during the 1990s and first half of the 2000s in the framework of the Common Agricultural Policy (CAP), on on-farm investment as well as on other production decisions. The Spanish COP sector was taken as a case study due to its economic and political relevance. The empirical analysis is applied on farm-level data from the Farm Accountancy Data Network (FADN), observed from 2000 to 2004, based on. We use a reduced-form application of the dual model of investment under uncertainty and a system of censored and non censored equations is estimated. PD payments are found to increase short-run production and to generate a statically significant increase in the investment in farm...
Tipo: Conference Paper or Presentation Palavras-chave: Farm investments; Common Agricultural Policy; Decoupling; Production.; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/58036
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EFFECTS OF POLICY INSTRUMENTS ON FARM INVESTMENTS AND PRODUCTION DECISIONS IN THE SPANISH COP SECTOR AgEcon
Kallas, Zein; Serra, Teresa; Gil, Jose Maria.
Our paper assesses the impacts of the partially decoupled (PD) scheme, implemented during the 1990s and first half of the 2000s in the framework of the Common Agricultural Policy (CAP), on on-farm investment as well as on other production decisions. The Spanish COP sector was taken as a case study due to its economic and political relevance. The empirical analysis is applied on farm-level data from the Farm Accountancy Data Network (FADN), observed from 2000 to 2004, based on. We use a reduced-form application of the dual model of investment under uncertainty and a system of censored and non censored equations is estimated. PD payments are found to increase short-run production and to generate a statically significant increase in the investment in farm...
Tipo: Conference Paper or Presentation Palavras-chave: Farm investments; Common Agricultural Policy; Decoupling; Production; Agricultural and Food Policy; Production Economics; Q12; Q18; D80.
Ano: 2009 URL: http://purl.umn.edu/49971
Registros recuperados: 2
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