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Our paper assesses the impacts of the partially decoupled (PD) scheme, implemented during the 1990s and first half of the 2000s in the framework of the Common Agricultural Policy (CAP), on on-farm investment as well as on other production decisions. The Spanish COP sector was taken as a case...
Persistent link: https://www.econbiz.de/10009444759
This paper assesses the impacts of decoupled government transfers on production decisions of a sample of Kansas farms observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow for different adjustments of the decision...
Persistent link: https://www.econbiz.de/10009443234
The efficiency measurement literature has been almost exclusively based on a static view of the firm. In this static context the optimality of decisions is measured against the best practice frontier in a period-by-period basis and without any connection along time. This dissertation departs...
Persistent link: https://www.econbiz.de/10009450072