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Abstract
This analysis has examined the relationships between the European funds for rural
development and the multifunctionality during a short time, comparing two different
situations before and after the Common Agricultural Policy (CAP) reform. The main problem
was to find a variable able to describe the multifunctionality; the agritourism, in particular,
number of farm holidays farms, has been the dependant variable useful to value the rural
multifunctionality and the impact of the increase of II pillar fund. The Principal Component
Analysis and the model of Ordinary Least Square have confirmed the positive impact of
European Agricultural funds in the rural development and in the increase of active farm
holidays farms.