Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142607
Authors: 
Ciaian, Pavel
Kancs, d’Artis
Swinnen, Johan
Year of Publication: 
2010
Series/Report no.: 
EERI Research Paper Series 47/2010
Abstract: 
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.
Subjects: 
Decoupled subsidies
capitalisation
land market
income distributional effects
SPS
structural change
JEL: 
H22
L11
Q11
Q12
Q15
Q18
P32
R12
Document Type: 
Working Paper

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