Guastella, Gianni; Moro, Daniele; Sckokai, Paolo; … - European Association of Agricultural Economists - EAAE - 2014
Previous empirical literature suggests that agricultural subsidies are capitalized into farmland rents and that the introduction of the 2003 decoupling reform of the EU Common Agricultural Policy, attaching the subsidy to land only, might have even extended the phenomenon of capitalization....