In this paper we estimate the income distributional effects of the common agricultural policy (CAP) for farmers and landowners. First, we theoretically analyse the level of farmers' and landowners' gains from coupled and decoupled payments. Second, using a unique farm level panel data set from...

The Food and Agriculture Organization (FAO) and the World Bank suggest that agricultural growth is the most effective way to fight (child) malnutrition. Whether this is indeed the case is still very much debated, partly because there is little direct evidence on this topic. Using a dataset of 50...

The purpose of the JRC PESETA II project is to gain insights on the sectoral and regional pattern of the impacts of climate change in Europe by the end of this century. The assessment concerns both the biophysical and economic impacts of climate change. The study has as new elements a large set...

To help farmers cope with increased income volatility, the EU may be introducing a farm income stabilisation payment in the post-2013 CAP. This payment would generally cover dramatic risk exceptionally leading to more than 30 per cent of income losses. This paper applies a model for a...

We develop a multi-objective farm-household dynamic integer programming model to simulate investment behaviour in different policy and price scenarios, with a particular focus on the decoupling of the Common Agricultural Policy (CAP). The model takes into account the characteristics of...

The objective of this paper is to compare and discuss the role of farm-household surveys and farm-household models in assessing the impact of the Common Agricultural Policy reforms, focusing in particular on the effects of 2003 decoupling on farm investment behaviour. The paper compares two...

In this paper we estimate the income distributional effects of the common agricultural policy (CAP) for farmers and landowners. Using a unique farm level panel data set from the FADN for the period 1995-2007 we employ the fixed effects, the Heckman selection bias and the GMM estimators to...

We argue in this paper that available econometric estimates of farmers’ risk aversion do not measure true farmers’ preferences towards risky outcomes. Available analyses are mostly of static nature and indeed measure the parameters of the synthetic optimal value function rather than the deep...