Title: European Union land markets and the Common Agricultural Policy
Citation: Disaggregated Impacts of CAP Reforms - Proceedings of an OECD Workshop, ISBN 978-92-64-09653-0 (print), ISBN 978-92-64-09707-0 (PDF) p. 53-72
Publisher: Organisation for Economic Co-operation and Development (OECD)
Publication Year: 2011
JRC N°: JRC66435
URI: http://dx.doi.org/10.1787/9789264097070-en
Type: Articles in periodicals and books
Abstract: This chapter analyses the impact of the Common Agricultural Policy (CAP) direct payments on land markets in the European Union. It starts with a theoretical model, followed by an overview of the empirical findings. Next is presented the empirical evidence of a natural experiment, i.e. the accession of several countries to the European Union where as a result of accession CAP measures have been introduced, and of the impact of the Single Payment Scheme (SPS) reform in the old EU member states (EU15). The results provide preliminary evidence and are mainly based on theoretical analysis and expert interviews. The main limitations are the scarcity of the data on land values and the short time span since the implementation of decoupled CAP subsidies in the European Union.
JRC Directorate:Growth and Innovation

Files in This Item:
There are no files associated with this item.

Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.