Subsidies and agricultural productivity in the EU
Autor: | Dorien Emmers, Johan F.M. Swinnen, Hyejin Lee, Alessandro Olper, Maria Garrone |
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Rok vydání: | 2019 |
Předmět: |
Economics and Econometrics
Natural resource economics business.industry media_common.quotation_subject Conditional convergence 05 social sciences Subsidy Payment Agriculture 0502 economics and business Economics 050202 agricultural economics & policy 050207 economics Agricultural productivity business Agronomy and Crop Science Productivity Common Agricultural Policy media_common Panel data |
Zdroj: | Agricultural Economics. 50:803-817 |
ISSN: | 1574-0862 0169-5150 |
DOI: | 10.1111/agec.12526 |
Popis: | This paper investigates the relationship between EU agricultural subsidies and agricultural labor productivity growth by estimating a conditional convergence growth model. We use more representative subsidy indicators and a wider coverage (panel data from 213 EU regions over the period 2004–2014) than have been used before. We find that, on average, EU's Common Agricultural Policy (CAP) subsidies increase agricultural labor productivity growth, but this aggregate effect hides important heterogeneity of effects of different types of subsidies. The positive effect on productivity comes from decoupled subsidies, that is, Pillar I decoupled payments and some Pillar II payments. Coupled Pillar I subsidies have the opposite effect: they slow down productivity growth. |
Databáze: | OpenAIRE |
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