Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74998
Authors: 
Ciaian, Pavel
Kancs, D'Artis
Swinnen, Johan F. M.
Year of Publication: 
2008
Series/Report no.: 
LICOS Discussion Paper 207
Abstract: 
This paper analyses the distributional effects of decoupled Single firm Payments (SFP) in the European Union. In a static world the SFP benefit only firmers, irrespective of the implemented SFP model and irrespective of whether entitlements are tradable or not, except when the size of the allocated entitlements is larger than the eligible area and/or if entrants are eligible for the SFP. Then the SFP gets either partially or fully capitalized into land values and landowners benefit. In a dynamic world the effects depend on the nature of structural change, on the tradability of entitlements, and on the implementation model.
Subjects: 
Land market
agricultural policy rents
decoupled subsidies
land capitalization
JEL: 
D23
D30
H21
Q12
Q18
Document Type: 
Working Paper

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