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...

This paper analyses the distributional effects of the decoupled Single Farm Payments (SFP) in the European Union (EU). Previous studies have analyzed the impact of the SFP in a static context. We show that in the presence of dynamic structural changes the SFP implications may be different. A...

The present paper proposes a strategy for estimating panel data models in the presence of sample selection and endogeneity arising from endogenous explanatory variables and unobserved heterogeneity. We propose three alternative tests for selection bias and estimation strategies to correct for...