We review the recent theoretical and empirical literature on the capitalization of agricultural
subsidies into land prices. The theoretical literature predicts that agricultural subsidies are …

This paper investigates the relationship between EU agricultural subsidies and the outflow
of labor from agriculture. We use more representative subsidy indicators and a wider …

The objective of this paper is to estimate the capitalization of CAP subsidies into both rental
prices and land values in the EU. We use FADN data at regional level for the period 1989 …

Abstract The EU's Common Agricultural Policy (CAP) has had limited success in mitigating
agriculture's environmental degradation. In this paper we simulate the impacts of the 2013 …

We assess the effects of the 2013 CAP reform on the capitalisation of decoupled payments
in land rental values. Our estimates suggest that the reform leads to an increase in the …

As a multi‐objective policy, the EU Common Agricultural Policy continues to secure
significant income support for farmers as one of the nine specific objectives. We estimate the …

Nearly 80 per cent of Common Agricultural Policy (CAP) expenditures are spent on three
different measures: first pillar payments (FPPs), agri-environmental payments (AEPs) and …

Decoupled direct payments are a major tool of agricultural policy to support farm income.
Since these subsidies are tied to land, the question arises as to who benefits from them …

The present study investigates how local communities cope with the restless abandonment
of agricultural lands in marginal areas, providing a theoretical interpretation grounded on the …

This article analyzes how value chains play a role in the political economy of agricultural
and food policy by (1) discussing historical insights;(2) reviewing an emerging literature on …