Investment Behaviour of EU Arable Crop Farms in Selected EU Countries and the Impact of Policy Reforms PDF Download
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Author: Giovanni Guastella Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
This deliverable provides a comparative analysis, among selected EU member states, of the investment demand of a sample of specialised field crop farms for farm buildings, machinery and equipment as determined by different types and levels of Common Agricultural Policy support. It allows for the existence of uncertainty in the price of output farmers receive and for both long- and short-run determinants of investment levels, as well as for the presence of irregularities in the cost adjustment function due to the existence of threshold-type behaviours. The empirical estimation reveals that three investment regimes are consistently identified in Germany and Hungary, across asset and support types, and in France for machinery and equipment. More traditional disinvestment-investment type behaviours characterise investment in farm building in France and the UK, across support types, and Italy for both asset classes under coupled payments. The long-run dynamic adjustment of capital stocks is consistently and significantly estimated to be towards a - mostly non-stationary - lower level of capitalisation of the farm analysed. By contrast, the expected largely positive short-run effects of an increase in output prices are often not significant. The effect of CAP support on both types of investment is positive, although seldom significant, while the proxy for uncertainty employed fails to be significant yet, in most cases, has the expected effect of reducing the investment levels.
Author: Giovanni Guastella Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
This deliverable provides a comparative analysis, among selected EU member states, of the investment demand of a sample of specialised field crop farms for farm buildings, machinery and equipment as determined by different types and levels of Common Agricultural Policy support. It allows for the existence of uncertainty in the price of output farmers receive and for both long- and short-run determinants of investment levels, as well as for the presence of irregularities in the cost adjustment function due to the existence of threshold-type behaviours. The empirical estimation reveals that three investment regimes are consistently identified in Germany and Hungary, across asset and support types, and in France for machinery and equipment. More traditional disinvestment-investment type behaviours characterise investment in farm building in France and the UK, across support types, and Italy for both asset classes under coupled payments. The long-run dynamic adjustment of capital stocks is consistently and significantly estimated to be towards a - mostly non-stationary - lower level of capitalisation of the farm analysed. By contrast, the expected largely positive short-run effects of an increase in output prices are often not significant. The effect of CAP support on both types of investment is positive, although seldom significant, while the proxy for uncertainty employed fails to be significant yet, in most cases, has the expected effect of reducing the investment levels.
Author: OECD Publisher: OECD Publishing ISBN: 926411212X Category : Languages : en Pages : 184
Book Description
This report provides an overview of the main characteristics and structure of the current Common Agricultural Policy (CAP) and its developments in the last 25 years.
Author: Brian Gardner Publisher: Routledge ISBN: 1134885741 Category : Science Languages : en Pages : 250
Book Description
The Common Agricultural Policy (CAP) is central to both economic and environmental developments in Europe. But with the advent of new environmental legislation and political change in Europe the CAP faces increasing pressure to reform. European Agriculture provides a comprehensive breakdown of the workings of the CAP and its impact on farming in Europe. The author discusses every aspect of European agricultural policy, production and trade, from environmental contraints and the impact of biotechnology, to the role of European farming in the world food supply system. Posing direct questions about the recent 1992 agricultural reform, the 1994 GATT agreement and the reasons for the expensive continuation of the CAP, European Agriculture analyses the economic, political and environmental implications of pursuing present farming policy and provides a provocative commentary on the agricultural future of Europe.
Author: Frank Fuller Publisher: Nova Publishers ISBN: 9781600219665 Category : Business & Economics Languages : en Pages : 150
Book Description
This book provides an in-depth look at Europe's changing agricultural and food markets, focusing on the impacts of recent policy reforms, enlargement of the European Union (EU), and trade liberalisation. The papers included in this book braid together four important themes in European agriculture and food markets: the impacts of EU enlargement on productivity growth and catching up in the Central and Eastern European countries (CEECs), the influence of food quality standards on market structures in the CEECs and on trade, the impacts of common agricultural policy (CAP) reforms on EU and world markets, and the costs of adjusting to CAP reforms in specific sectors. The insights provided in these papers into the empirical interactions between policies, institutions, and market outcomes, both domestically and internationally, are valuable to policy makers and researchers interested in the future of European agriculture.
Author: A. Piccinini Publisher: Springer ISBN: 0230597157 Category : Social Science Languages : en Pages : 290
Book Description
The book describes the context within which the Common Agricultural Policy of the European Union has been established, the basic mechanisms of the policy for the main sectors of agricultural production and their adaptation over time in line with changes in the broader world economy; the changes in Eastern Europe, the problems of developing countries and the GATT-WTO Agreement in particular. An introduction by Franz Fischler, European Commissioner with responsibility for Agriculture, sets the scene for Community policy beyond 2000.
Author: Michael Cardwell Publisher: ISBN: 9780199242160 Category : Law Languages : en Pages : 514
Book Description
Michael Cardwell's study assesses whether the EU can create a new leglislative framework that is feasible and which will placate the WTO and its drive towards world domination.
Author: Johan F. M. Swinnen Publisher: CEPS ISBN: 9789290793908 Category : Agriculture and state Languages : en Pages : 36
Book Description
The debate on agricultural policy in the EU has been very lively and politically prominent over the past months. The Common Agricultural Policy (CAP) of the EU has undergone major changes since it was first implemented at the end of the 1960s. Commentators suggest that the CAP changes made in the Agenda 2000 reform package were insufficient to address the problems facing the CAP in the coming years. These include enlargement, new trade negotiations and the demand by European society for a safe, sustainable agri-food system, to name but a few. This report highlights the most pressing challenges to creating a sustainable CAP for the 21st century. It focuses on strategic policy options that are closely linked to the CAP system to be "hands on"; but the report refrains from becoming too specific on policy details, focusing instead on the important strategic questions. It offers six recommendations for good governance, that aim to remove bureaucratic constraints from the food industry, yet strengthen consistency and good practice.
Author: Henry Buller Publisher: Routledge ISBN: 1351790889 Category : Business & Economics Languages : en Pages : 197
Book Description
This title was first published in 2000: This volume provides a detailed examination of agri-environmental policy within ten European states. Individual chapters consider the agricultural and environmental policy contexts within each state and examine the range and significance of agri-environmental policy proposed in addition to their spatial and territorial impact, their policy-making implications and their consequences for the structures, institutions and actors of national farming policy both across and within national borders. Drawing from ten national profiles and the data sets provided, the book provides a comparative analysis of implementation trends, filling a gap in the literature on this topic. Taking European legislation as its starting point, the comparative section of the book examines how Member States have responded to EU imperatives in their budgetary commitments, in their implementation strategies and in the policy outputs that result. The study identifies similarities across European nations in the territorial and agricultural focus of agri-environmental policy and draws attention to the alternative.
Author: Alan Greer Publisher: Manchester University Press ISBN: 9780719060298 Category : Political Science Languages : en Pages : 1176
Book Description
This book provides a stimulating account of agricultural policy which goes beyond a narrow concern with the mechanisms and operation of the Common Agricultural Policy (CAP), and instead constructs a broader canvas, developing an assessment of the relationship between national, international and supranational institutions and actors in the agricultural sector. Among the theses covered by the book are: the different national policy styles across Europe in this sector; the evolution of the CAP; safety and regulation, the environment, and technological developments in food production such as genetic engineering.
Author: David Blandford Publisher: CABI ISBN: 1845930339 Category : Technology & Engineering Languages : en Pages : 284
Book Description
This book explores the policy implications of growing pressures for economic adjustment in the agricultural sectors of developed countries. It starts by describing the recent history of adjustment in the food and agricultural sector and assesses the current and future pressures for adjustments and their implications. Chapters provide empirical evidence on the magnitude of future adjustment in the agricultural sector under a continuation of existing policies and analyze the factors that affect farmers' ability to adjust to economic change. The book concludes by identifying lessons to be learned from recent reforms and evaluating future policy options.
Author: Giovanni Guastella
Author: Giovanni Guastella
Author: OECD
Author: Brian Gardner
Author: Frank Fuller
Author: A. Piccinini
Author: Michael Cardwell
Author: Johan F. M. Swinnen
Author: Henry Buller
Author: Alan Greer
Author: David Blandford