In 2005, Germany implemented CAP decoupled payments. Direct payments were convertedinto tradable, production decoupled, single farm payments (SFP) by a hybrid model. From2010 - 2013, there will be a gradual transition to a regional model. The following papershows the results of an analysis of...

This paper presents a regional land-use model that conceives farms as independent agents aiming at maximum individual utility. Farm agents optimize their utility with the help of a linear-programming algorithm that takes into account natural, economic and personal restrictions. Interactions...

This paper uses a fundamental Q model of investment to consider the role playedby financing frictions in agricultural investment decisions, controlling econometrically forcensoring, heterogeneity and errors-in-variables. Our findings suggest that farmer's investment decisions are not driven by...

In the wake of policy reforms such as the MTR of the CAP and WTO arrangements, many policy analysts are questioning the value of retaining the EU milk quota system in its current form and one policy reform option that has been discussed in advance of the 2008 “Health Check” of the CAP is the...

Among the prominent recognized features of the industrialization of animal production over the past half century are growth in the stock of inflexible, or use-dedicated, capital as an input in production and growth in productivity. Less recognized is a trend toward aseasonal production. We...