European Union Land Markets and the Common Agricultural Policy

This paper analyses the income and structural effects of the Single Payment Scheme (SPS). In particular, we analyze how the income distributional effects and farm restructuring are impacted by the SPS by accounting for entitlement tradability, cross-compliance and CAP 'greening' 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.


Issue Date:
2012-08
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/126683
Total Pages:
33
JEL Codes:
H22; L11; Q11; Q12; Q15; Q18; P32; R12.




 Record created 2017-04-01, last modified 2017-08-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)