000058036 001__ 58036
000058036 005__ 20180122212209.0
000058036 037__ $$a698-2016-47864
000058036 041__ $$aen
000058036 245__ $$aEffects of policy instruments on farm investments and production decisions in the Spanish cop sector
000058036 260__ $$c2009
000058036 269__ $$a2009
000058036 270__ $$mzein.kallas@upc.edu$$pKallas,   Zein
000058036 270__ $$mchema.gil@upc.edu$$pGil,   Jose M.
000058036 270__ $$mteresa.serra-devesa@upc.edu$$pSerra,   Teresa
000058036 300__ $$a14
000058036 336__ $$aConference Paper/ Presentation
000058036 520__ $$aOur paper asses the impacts of the partially decoupled (PD) scheme, implemented during the 1990s and
first half of the 2000s in the framework of the Common Agricultural Policy (CAP), on on-farm investment as well as
on other production decisions. The Spanish COP sector was taken as a case study due to its economic and political
relevance. The empirical analysis is applied on farm-level data from the Farm Accountancy Data Network (FADN),
observed from 2000 to 2004, based on. We use a reduced-form application of the dual model of investment under
uncertainty and a system of censored and non censored equations is estimated. PD payments are found to increase
short-run production and to generate a statically significant increase in the investment in farm assets. Results also
show the importance of assessing the effects of PD payments in a dynamic framework as the one applied in this
paper.
000058036 542__ $$fLicense granted by Carmen Clapan (carmen@maich.gr) on 2010-02-17T17:31:20Z (GMT):

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000058036 650__ $$aAgricultural and Food Policy
000058036 650__ $$aFood Consumption/Nutrition/Food Safety
000058036 6531_ $$afarm investments
000058036 6531_ $$aCommon Agricultural Policy
000058036 6531_ $$adecoupling
000058036 6531_ $$aproduction.
000058036 700__ $$aKallas, Zein
000058036 700__ $$aGil, Jose Maria
000058036 700__ $$aSerra, Teresa
000058036 8564_ $$s252817$$uhttp://ageconsearch.umn.edu/record/58036/files/Kallas_Serra_Gil_2.pdf
000058036 887__ $$ahttp://purl.umn.edu/58036
000058036 909CO $$ooai:ageconsearch.umn.edu:58036$$pGLOBAL_SET
000058036 912__ $$nSubmitted by Carmen Clapan (carmen@maich.gr) on 2010-02-17T17:35:04Z
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  Previous issue date: 2009
000058036 982__ $$gEuropean Association of Agricultural Economists>113th Seminar, September 3-6, 2009, Chania, Crete, Greece
000058036 980__ $$a698