The Common Agricultural Policy (CAP) was fundamentally reformed in 2003. From 2005 on, farmers will receive decoupled income support payments instead of production premiums if basic standards for environment, food safety, animal health and welfare are met. Farmers will likely adjust production...

Subsidies linked to production have been classified to be environmentally harmful by OECD. A core element of the EU 2003 Common Agricultural Policy (CAP) reform is to decouple income support from production. This paper estimates the environmental consequences of this policy reform. An...

Organic farming practices have environmental benefits compared to conventional ones. Their adoption is the result of a complex interaction of intrinsic attitudes of farmers, their profit expectations and farm policy incentives. We use an agricultural sector model and develop an extended version...

Based on a sample of 1,084 European regions (EU 15) over the period of 1995-2004, we estimate the determinants of regional growth of GDP per capita, allowing for both spatial lag and spatial error dependence. We find that robust LM tests cannot reject the null hypothesis of no spatial dependence...

Direct payments are the most important expenditure of the Common Agricultural Policy. They are mostly in the form of decoupled direct payments which are intended to be allocatively neutral. Increasing volumes of such transfers imply that distributive aspects of CAP expenditures become more...

A small number of firms have a large market share in the Austrian food retailing market. Market concentration has been growing over the last years which has raised concerns about market power. Previous studies on price setting behaviour in the food retailing market were at the national level and...

Das EU-Budget für die Periode 2021 bis 2027 muss sich stärker als bisher am europäischen Mehrwert orientieren, um angesichts der kontroversiellen Positionen der Mitgliedsländer und deren primärer Orientierung an der Nettoposition eine Einigung zu ermöglichen. Eine weitere Stärkung des...

In der vorliegenden Analyse werden die Auswirkungen der Maßnahmen zur Begrenzung der Ausbreitung von COVID-19 auf die Treibhausgasemissionen in Österreich untersucht. Dazu wurde ein neues Modell, ALICE, entwickelt, das die kurz- bis mittelfristigen Auswirkungen von Produktions- und...

The measures taken to limit the spread of the COVID-19 virus, which at the same time severely restrict economic activity in many countries, have consequences not only on unemployment, trade, production, income and value added, but also on the environment. This analysis examines the effects on...

Farmers may use financial market instruments to hedge price risks. Moreover, various types of insurance products are on the market to protect against production losses. An insurance that covers losses of both input and output prices was recently introduced in the USA. We develop this concept...